Use FRED to calculate the rate of inflation using the CPI for all Urban Consumers (CPIAUCSL.) Change the time period to start in 1979. Report the highest rate of inflation you find in each of the last four decades as well as our current one (1980's, 1990s, 2000s, 2010s, and 2020s.) You don't need to provide any explanation, just state the month and year it was highest along with the rate of inflation in that month

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 13P
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Use FRED to calculate the rate of inflation
using the CPI for all Urban Consumers
(CPIAUCSL.) Change the time period to start
in 1979. Report the highest rate of inflation
you find in each of the last four decades as
well as our current one (1980's, 1990s,
2000s, 2010s, and 2020s.) You don't need to
provide any explanation, just state the
month and year it was highest along with
the rate of inflation in that month.
Transcribed Image Text:Use FRED to calculate the rate of inflation using the CPI for all Urban Consumers (CPIAUCSL.) Change the time period to start in 1979. Report the highest rate of inflation you find in each of the last four decades as well as our current one (1980's, 1990s, 2000s, 2010s, and 2020s.) You don't need to provide any explanation, just state the month and year it was highest along with the rate of inflation in that month.
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