1. The Effects of the American Economic Crisis
... because he drives a daily 60-mile round trip 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 tha...
- Word Count: 398
- Approx Pages: 2
- Has Bibliography
- Grade Level: High School