Download presentation
Presentation is loading. Please wait.
Published byLester Burns Modified over 9 years ago
1
Why does it not always add up?
2
What is Inflation? Definition Inflation is a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage increase. As inflation rises, every dollar you own buys a smaller percentage of a good or service. In other words What cost you $100 in 2000 Cost you $125.26 according to the Bureau of Labor Statistics
3
Cost from then to now This is the price of a Ford Coupe in 1926 $520 How much would this car cost today? Bureau of Labor Statistics Inflation rate Calculator Bureau of Labor Statistics Inflation rate Calculator $6,336.74
4
Cost from now to then Ford Coupe 2010 $20,995 - $35,995 What would this cost in 1926? Bureau of Labor Statistics Inflation rate Calculator Bureau of Labor Statistics Inflation rate Calculator $1,722.87 - $2,953.79
5
Why such a difference? The coupe back then a lower model?
6
Cost from then to now In 1921 the Cadillac touring model cost $3940 How much would this cost today? Bureau of Labor Statistics Inflation rate Calculator Bureau of Labor Statistics Inflation rate Calculator $48,013.02
7
Cost from now to then Cadillac touring model 2009 $36,560 - $58,575 How much would this cost in 1921? http://www.bls.gov/data /inflation_calculator.ht m http://www.bls.gov/data /inflation_calculator.ht m $3,034.05 - $4,861.04
8
The Comparison Then Now Ford Coupe 1926 $520 Ford Coupe 2010 $1,722 - $1,953 Cadillac 1921 $3940 Cadillac 2009 $36,560 - $58,575 Ford Coupe 1926 $6,336 Ford Coupe 2010 $20,995 - $35,995 Cadillac 1921 $48,013.02 Cadillac 2009 $36,560 - $58,575
9
Why the difference? Why is there a difference with the Ford but the Cadillac is closer to the same?
10
Cost from then to now Buick Touring Car Model-D 1921 $650.00 http://www.bls.gov/data /inflation_calculator.ht m http://www.bls.gov/data /inflation_calculator.ht m $7,832.43
11
Cost from now to then Buick LaCrosse 2010 $27,085 - $33,015 http://www.bls.gov/data /inflation_calculator.ht m http://www.bls.gov/data /inflation_calculator.ht m $2,247.74 - $2,739.86
12
Why the difference? Again there is a big difference why?
13
Comparable?
14
Hudson Coach 1926 Kia Soul 2009 Cost then $1,165 Cost now $14,196.74 Cost then $1,093.87 - $1,390.94 Cost now $13,300 - $16,950
15
Does this transcend other areas?
16
Assignment Options Research Paper Research Project Explain why vehicle prices have exceeded the inflation rate. 3 page minium Take a given 10 year period and chart the price trends for 6 items over that period. And graph the trend to determine future prices.
17
Research project Example
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.