The reason economists measure the total output of an economy is to measure the overall level of prices. 

Inflation is not a problem if it creates uncertainty over future prices (along with other possible deleterious effects).

(FRED Median Income and BLS CPI) In 2006, the median household income in the US was $48,200. Today the median household income is $80,610. If the CPI in 2006 was 201.8 and the CPI today is 315.605, calculate the inflation-adjusted median household income from 2006 in today’s dollars. Round your answers to the nearest cent. Has the real median household income increased, decreased, or stayed the same since 2006? Median Household Income2006 in today’s dollars = $[medianincome] The real median household income has [change] since 2006.

Our OER book Chapter 12 uses the example “George Washington was the first President of the United States,” then notes that the statement made is what can be described as ___________, meaning a statement or claim that cannot be argued. This is an important term related to facts in an Informative Speech.

As part of good extemporaneous public speaking, you should use a rhetorical question as an opening statement as a means to:

The OER book’s Chapter 12 defines a(n) ________ speech as a speech based entirely and exclusively on facts. Basically, it conveys knowledge, a task that every person engages in every day in some form or another.

INSTRUCTIONS: Choose the correct word to complete each sentence.   The sisters look very similar, but Sara is a bit taller than Ellen and has _______________darker hair

INSTRUCTIONS: Determine which underlined elements of sentences are wordy or redundant.    For the purpose of this analysis, I intend to focus on the three major factors that affect the world’s economy.

INSTRUCTIONS: Complete each sentence with the correct word.   Before your take the driving test, you should ______________yourself with the state’s laws and regulations.

INSTRUCTIONS: Determine which underlined elements of sentences are wordy or redundant.   Because it was quite difficult to hear anything clearly above the noise, she asked me to repeat the instructions again.