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Making sense of the ups and downs of prices

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  • Erin A. Yetter

Abstract

\\"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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  • Erin A. Yetter, 2013. "Making sense of the ups and downs of prices," Page One Economics Newsletter, Federal Reserve Bank of St. Louis, issue aug, pages 1-3, August.
    • Handle: RePEc:fip:fedlpo:y:2013:i:aug
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