December 05, 2013
In 1978, the average price of a gallon of regular unleaded gasoline in U.S. cities ranged from 65 cents to 71 cents. During 2013 (January through October) it ranged from $3.35 to $3.74—over 5 times higher than the 1978 prices. Full Text »
Recent TED articles
No prices are more visible to the public than gasoline prices. Even for people who don't have to fill up a tank on a regular basis, gasoline prices are likely to be in their view, posted every day. In addition, no prices have more of an impact on short-run movements in the Consumer Price Index (CPI).
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- No. 13-153 (NLSY97 Round-15 Data Released) (PDF)
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Test your knowledge
Complete the statement with the correct percentages:
Among people who had completed a bachelor's degree or more education and were no longer enrolled in school, __________ were employed in civilian jobs during October when age 25. In comparison, __________ of high school dropouts were employed in civilian jobs in the October they were age 25.
Young adult employment varies by education.
Complete the statement with the annual percent increase in the price for gold ores:
In 2012, price increases for gold slowed, rising less than they had in each of the previous 4 years. The __________ increase in 2012 was the smallest yearly increase since the 2.6-percent advance in 2008.
Gold prices rise more than 100 percent since 2008.
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