I'm supposed to do a paper on Economics related news events.. && then i'm supposed to explain how the news being presented could impact an economic decision that I may have to make.
So I went through my time magazines and found this interesting article.. So whatcha think?
Answer:
You didn't give a link to the article.
But when food prices go up it's because the cost of growing the food, delivering the food, packaging the food, and marketing the food has also gone up...Currently because of higher fuel costs.
Then these extra costs are added into the retail price of the food.
It is a bunch of unadulterated BS.
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