This signature assignment is designed to align with specific program student learning outcome(s) in your program. Program Student Learning Outcomes are broad statements that describe what students should know and be able to do upon completion of their degree. The signature assignment may be graded with an automated rubric that allows the University to collect data that can be aggregated across a location or college/school and used for program improvements.

Purpose of Assignment

The purpose of this assignment is for students to synthesize the concepts learned throughout the course, provide students an opportunity to build critical thinking skills, develop businesses and organizations, and solve problems that require data.

Assignment Steps

Note:Although you will be studying the concept of CPI in more detail in your future ECO/561 class, for the purpose of this case, you need to use the concepts of percentages, percentage increase/decrease, and creating and interpreting line charts to compute the inflation rate in the US economy and determine which time period experienced the highest inflation rate.

Followthe steps below to complete this signature assignment:

1. Search for the Federal Reserve Bank of St. Louis (FRED).
2. On the home page of the website, you will see a search box.
3. Type in CPI- AUCSLin the search box and press the return key.
4. The first result of the search will be “Consumer Price Index for All Urban Consumers: All Items.” Click on this result link.
6. On the Excel ®file, the second column gives you the CPI values for each period starting from 1947.
7. Go to the last row and notice the last date and the CPI value. Go back 6 years from this last date. For example, if the last date is 2016-11-01, then the date 6 years ago would be 2010-11-01.
8. Copy and paste this six years data into a separate Excel ®tab.
9. Using Excel ®, calculate the percentage change in CPI from a year earlier for each observation, beginning with the observation one year later than the first observation. To make this calculation, click on the blank cell next to the observation corresponding to that date and then use Formula 1, located in the Signature Assignment Excel ®Formulas document (note that in Excel ®, the symbol for multiplication is *), where t-1is the first observation and tis the observation one year later. For example, to find the percentage change in CPI from 2010-11-01 to 2010-10-01, refer to Formula 2 located in the Signature Assignment Excel ®Formulas document. Convert this value to a percentage in Excel ®. Repeat this process for the remaining observations (you can use the copy and paste functions to avoid having to retype the formula).
10. This new column contains the national inflation rate.
11. Create a line graph of the percentage changes (inflation rates) from a year earlier.
12. Which period experienced the highest inflation rate? What was the inflation rate during that period?

Formatyour paper consistent with APA guidelines.

## Final project...

Question Description Healthcare...

## An assignment for my psychology...

An assignment for my psychology Uncategorized I have...

Your position paper must be single-spaced and between 600 and 750 words using either a 10 or 12-pitch font in Arial, Times New Roman or New Courier. ...

...

## Rhetoric in Practice...

Question Description...

## Do Sports Venues encourage drinking Read the atta...

Do Sports Venues encourage drinking? Read the attached article and add whatever articles you find plus your opinions.Funch...

## IT 210 Repetition Control Structure...

Question description Resources: Appendix H in the Course Materials forum Read the following scenario: In one of the week 3 discussio...

## Humanities : Chernobyl...

What happened to Chernobyl? How is the city now?...

## OMM640 WEEK 2 DISCUSSIONS AND REPLIES (KIM WOODS)...

WEEK 2 DISCUSSION 1Gonzalez-Padron (2015) wrote,...

## Relocation Decision-Legal Systems and Policing Sty...

Relocation Decision: Legal Systems and Policing Styles Your company is considering a decision of relocating to...

## None...

Question Description There is often the requirement to evaluate descriptive statistics for data within the org...

## Humanities : I need help with HIUS 221...

I need help with HIUS 221, I will be willing to pay for help....

### Other samples, services and questions:

Calculate Price

When you use PaperHelp, you save one valuable — TIME

You can spend it for more important things than paper writing.

Approx. price
\$65
Order a paper. Study better. Sleep tight. Calculate Price!
Calculate Price
Approx. price
\$65