Web Activity 1 Log on http://www.gallup.com/ and click "Poll Topics A to Z and then "Consumer View of the Economy " and access Gallup's most recent economic audit. According to the Gallup Poll, what is currently the nation's greatest economic concern? Where does inflation rank? Web Activity 2 Most nations have different levels of inflation. Log on to www.imf.org/external/pubs/ft/weo/2001/01/index.htm, access Chapter 1 and find the inflation rates for nations around the world in various tables. Who had the highest rate last year? Who had the lowest rate? How many nations had inflation in excess of 100 percent? Web Activity 3 The cost of living varies between different areas of the country. If you earned $100,000 per year in Springfield , Illinois and wanted to move to Washington , DC , how much would you need in additional income for your cost of living to remain unchanged? To calculate this answer, log on to www2.homefair.com/calc/salcalc.html and use the salary calculator. What might explain the different costs, and how might they influence your decision to move there? |