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Material Detail

Keeping It Real: Teach ACRL Information Literacy Frames with FRED Data

Keeping It Real: Teach ACRL Information Literacy Frames with FRED Data

In this activity, students first learn about the concepts of nominal and real values and inflation. Then they learn about basic strategies for establishing the reliability of a data source. Students work in FRED® and use the formula real = (nominal/CPI)*100 to plot inflation-adjusted minimum wage rates for two states and compare the results. Students then discuss the new information created as a result of their work.... Show More
Keywords:
Data Literacy, Data
Disciplines:
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More about this material

Material Type:
Tutorial
Date Added to MERLOT:
February 25, 2024
Date Modified in MERLOT:
July 25, 2024
Author:
 
Submitter:
Scott St. Louis
Primary Audience:
Middle School, High School, College General Ed
Technical Format:
PDF, Website
Mobile Compatibility:
Not specified at this time
Language:
English
Cost Involved:
No
Source Code Available:
Unknown
Creative Commons:
Creative Commons License
This work is licensed under a Attribution-NonCommercial-ShareAlike 4.0 International

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