Oct 27, 10 •
350 Views •
Financial Markets, Government, Macroeconomic Measurement, Money and Monetary Policy •
Elaine Schwartz •
Your grandma cares about the CPI. If it indicates the price level is rising, then she will automatically get a COLA–a cost of living adjustment that elevates her monthly social security check. This video from NPR’s Paul Solman shows how CPI
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