Making sense of the ups and downs of prices

"Back in my day, a gallon of gas cost a quarter!" Has your grandfather ever said something like this to make a point about how expensive things are now? The price of gasoline indeed used to be much lower. In fact, the price of gasoline has risen from a little over $1 per gallon in 1992 to a little over $3.50 per gallon 20 years later.

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Year of publication:	2013
Authors:	Yetter, Erin A.
Published in:	Page One Economics Newsletter. - Federal Reserve Bank of St. Louis. - 2013, August
Publisher:	Federal Reserve Bank of St. Louis
Subject:	Prices \| Inflation (Finance) \| Deflation (Finance)

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010690274