1. The Effects of the American Economic Crisis
... to work. There's no talk of a summer vacation this year. She's not alone. Whether a household has one or four members, the double-digit rate rise in the cost of groceries this year is eating up discretionary spending, boston.com writer Robert Gavin says. Milk prices averaged a 26 percent increase, ... he reports, and egg prices jumped 40 percent. Even an ordinary red apple costs over $1, and unanticipated low crop yields in the fall harvest will raise commodity prices. Gavin acknowledged that paying for a fill-up remains a shock, but said that rising food costs could eventually have ... ...
- Word Count: 398
- Approx Pages: 2
- Has Bibliography
- Grade Level: High School