https://www.cnbc.com/2017/11/15/heres-where-inflation-is-hitting-your-wallet-the

ID: 1113940 • Letter: H

Question

https://www.cnbc.com/2017/11/15/heres-where-inflation-is-hitting-your-wallet-the-hardest.html

1. how the inflation affects on our day-today life in the US according to the article above? Explain

2. what will be the outcome of the facts that this article talks about ?

3. What are the advantages and disadvantages of macro economics facts that this article mention?

4. How this article affects on job market tomorrow in US economy?

5. What are the factors we need to know before buying something in holiday season? explain based on the article above?

1.The inflation affects on our day-today life in the US according to the article are listed below

a)Transportation become costly as fuel prices goes higher.Also school and hospital prices got costlier

b)The cost of housing is also rising a bit faster than overall inflation,due to steady rise in rents (up 3.7 percent.)

c)Prices for entertainment and hobbies got higher than 3.1 percent more than a year ago

2)The overal outcome is that inflation in the U.S. was pretty tame in October, with prices up just 2 percent from a year ago

4)This article showing that econony is near full employment

5)Factors we need to know before buying something in holiday session are

Are the thing you want to buy whether it price will increase or decrease in near future.

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