us+wholesale+prices


 * Title of the extract (article): US wholesale prices pushed up by higher energy costs
 * Source of the extract: []
 * Date of the extract: January 13, 2011
 * Brief explanation of the article – US wholesale prices rose because of the raise of energy costs. Excluding the energy cost, the price just rose 0.2% last month.
 * List and define any and all vocabulary terms from the article or related to the article:
 * supply: to make available
 * economy:the system of distribution, production, and consumption
 * unemployment: the state of not having a job
 * sustainable development: able to provide for the present without worrying about the future
 * demand: the want of people
 * inflation: increase in prices
 * factors of production: Resources employed to produce


 * Create an appropriate graph which is related to the article. Post it.

I agree with the article. It may beneift the suppliers but not the consumers. If consumers are having a real hard time to afford wholesales, the government should include a price ceiling.
 * Provide some sort of evaluation of the economics of the article. Do you, as an economist, agree or disagree with the article? Is it a good idea/policy? What are the potential effects of it? Who may benefit or be hurt? Are there any mistakes? Etc…