The Consumer Price Index (CPI), which measures the average cost of all goods and services, increased by 3.3% during the entire year of 2004. Contrast this with the lesser rate of 1.9% increase during all of 2003. These rising interest rates may be a direct cause of the lowering unemployment rates and raising wage rates... displayed 300 characters
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Contrast this with the lesser rate of 1.9% increase during all of 2003. These rising interest rates may be a direct cause of the lowering unemployment rates and raising wage rates.
Much of the growth was observed in the energy sector, with consumer energy prices rising 17% during 2004.
As I said, two factors that contribute to the rising inflation rate are falling unemployment rates and rising wages... displayed next 300 characters
While the idea is still the same, the Big Mac is replaced by a cup of Starbucks coffee. And it just so happens that the average price of a Starbucks tall latte in America is the same as the average price of a Big Mac, $2...
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