‘12 Days Of Christmas’ Becomes A Learning Lesson
December 23, 2016 at 5:24 p.m.
By Staff Report-
The group of seniors, taught by Terry Rosenbarger, took part in PNC Bank’s festive economic analysis called the PNC Christmas Price Index®.
The students determined that if you want to buy that special someone “five golden rings, four calling birds and three French hens” in 2016 it is going to cost you about 0.7 percent higher than last year. This is the 33rd year of the economic analysis by The PNC Financial Services Group.
The WCHS students researched values for each of the 12 gifts to determine the price and the consumer price index. How much will it cost you to buy those 12 jolly items this year?
Students with the help of PNC Bank determined that the total price could set you back $34,363.49 in 2016, which is just a slight increase over last year of $232.50, or .07 percent.
They also determined that although there was a slight increase in the value of the items, eight of the 12 showed no price change in 2016.
This year’s cost of each item was revealed on PNC’s interactive website pnc.co/ChristmasPriceIndex, which features a historical comparison of the pricing data.
This student activity capped off a seven-week Junior Achievement economics session at WCHS. Students learned financial concepts such as productivity, quality, marketing, budgeting, supply and demand just to name a few.
JA is a non-profit organization that provides in-school economic education for nearly 7,000 students in kindergarten to 12th grade at Warsaw and Tippecanoe Valley.
The group of seniors, taught by Terry Rosenbarger, took part in PNC Bank’s festive economic analysis called the PNC Christmas Price Index®.
The students determined that if you want to buy that special someone “five golden rings, four calling birds and three French hens” in 2016 it is going to cost you about 0.7 percent higher than last year. This is the 33rd year of the economic analysis by The PNC Financial Services Group.
The WCHS students researched values for each of the 12 gifts to determine the price and the consumer price index. How much will it cost you to buy those 12 jolly items this year?
Students with the help of PNC Bank determined that the total price could set you back $34,363.49 in 2016, which is just a slight increase over last year of $232.50, or .07 percent.
They also determined that although there was a slight increase in the value of the items, eight of the 12 showed no price change in 2016.
This year’s cost of each item was revealed on PNC’s interactive website pnc.co/ChristmasPriceIndex, which features a historical comparison of the pricing data.
This student activity capped off a seven-week Junior Achievement economics session at WCHS. Students learned financial concepts such as productivity, quality, marketing, budgeting, supply and demand just to name a few.
JA is a non-profit organization that provides in-school economic education for nearly 7,000 students in kindergarten to 12th grade at Warsaw and Tippecanoe Valley.
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