Monday, March 31, 2008

Higher Food Prices Start to Bite

Answer the following questions in you blog.

1. Why are food prices rising so quickly?

2. What are manufactures and retailers doing to curtail the increasing costs? How is this affecting the average consumers?

3. Create a shopping list of 10 items that an average family would buy. do not include brand names. we will be going to the store tomorrow so bring your coat. You will need to design a excel spread sheet with you list in it and two columns (Careful, Any Price) we will see how much you can save by watching the price and looking for sales. You should also have a total cost row. Print your document showing grid lines.

4. Take a look at the Consumer Price Index Web site. What does CPI measure? list one fact you got from this web site.

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