For the term paper, you are required to pick a current economic topic that relates to the material we have covered or will cover in this course. You will research and find an article that covers the topic you have chosen. You can use an article online or offline from any reputable source. You will write up a review of the article and integrate course concepts into your review. Please make sure you both summarize the article and discuss how it relates to the course.
Consumer Price Index Name Institution of Affiliation Date Consumer Price Index Article Summary U.S Bureau of Labor Statistics, (2016). Consumer Price Index, June 2016. New Release, U.S Department of Labor. According to a report by the US Bureau of Labor and Statistics released in the year 2016 on the consumer price index, all the urban consumer expenditure index rose by 0.2 in June. This was an adjustment as stipulated on a seasonal basis. Over the last year, all items have seen an increase of a 1.0 percent before the seasonal adjustment. All these have been visible in the second consecutive month whereby the increase in energy and food item indexes has offset a decline of results. The buying habits of consumers, consumer trends and population shifts, substitution of products and changes in the quality of certain products have been the underlying factors effecting the consumer price indexes. I am going to shade light on each of this issues on the basis of consumer price index on the basis of food and energy. The report furt