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Cyberproblems

  1. How much has the CPI increased since January 1913? How much has the value of the dollar fallen?

  2. How much has the Consumer Price Index for All Urban Consumers (CPI-U) increased in the last year? How much has the value of the dollar fallen?

  3. What is the velocity of money in the United States? To make things easy, you can use last quarter's GDP and last month's M2. You will have to do a little searching at the White House's Economic Statistics Briefing Room.

  4. The Economic Statistics Briefing Room shows how much the CPI increased last month. What is the rate of inflation on an annual basis?

  5. If you succeed in solving the previous problem, what is the real rate of interest on a 20-year constant maturity Treasury bond?

  6. Read "The Rise and Fall of The Wonderful Wizard of Oz as a 'Parable on Populism'". Do you still think The Wizard of Oz is about the gold standard?

 

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