Consumer Price Index

The Consumer Price Index is perhaps the most popular of the many price indices calculated by the federal government. It is used to determine Social Security benefits, Cost of Living Adjustments, and the amount of certain taxes that are paid. The Federal Reserve Bank of Cleveland has a neat educational tool known as the
"drawing board" on their website. Watch the following video and in your post you must do two things.

1) Come up with a legitimate higher order thinking question over material covered in the video.

2) Provide an answer to someone else's question that they posted. (In your answer be sure to list whose question it is you are answering.)

My Question #1 "What makes the Median CPI a better indicator of inflation trends than the CPI? "

Consumer Price Index