Posts Tagged ‘inflation’

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    Chinese Imports

    Oct 23, 11 • 254 Views • No Comments

    Are you paying more for your clothing? According to NY Times financial journalist Floyd Norris, women’s shirt prices, dresses, sweaters, all that government statisticians consider female “outerwear,” have started to become more expensive....  [read more]

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    Grade Inflation

    Jul 16, 11 • 266 Views • No Comments

    Recent research indicates college students are studying less. Between 1961 and 2003, full time college students diminished their study time from 40 to 27 hours a week. And yet, they have been getting higher grades. In 1940, 15% of all students got A’s....  [read more]

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    A Corn Price Surprise

    Jul 7, 11 • 269 Views • No Comments

    Interesting how real life can imitate economics. You know how corn prices have been soaring? Well, farmers responded just like they read an econ textbook. They increased supply. One tradeoff?  A smaller soybean crop. Here are the headlines. You can see...  [read more]

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    Barbecue Inflation (A Hot Topic?)

    May 26, 11 • 240 Views • No Comments

    Shopping for your Memorial Day barbecue, you will pay close to 29% more than a year ago. According to the New York Post, not only is a gallon of gas up 44% in the NY area, but also, lettuce will cost you 28% more and tomatoes, 86%. In addition, the New York...  [read more]

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    89.7 Sextillion Percent Inflation

    May 12, 11 • 273 Views • No Comments

    Imagine a country where supermarket employees have to raise their prices several times a day, maybe by placing one price sticker on top of the old one. Describing Brazilian inflation during the early 1990s, one woman said she raced to food markets to see if...  [read more]