1.

America just got a $100-a-month raise

https://www.cnn.com/2022/08/19/energy/gas-prices-savings/index.html

A) The message in the article is trying to convey that money spent on high gas prices will slowly be
returned with the steady drop in the average price of gas. The statistics in the article show that
the average gas price ($5.02) has nationally dropped by $1.10 (22%). The stats show that the
drop in gas prices by $1.10 would equal the average saving of the typical person to be $98.82,
hoping that the extra cash would help boost consumer spending in the economy as there has
been a pullback.
B) There is a potential bias in the fact that there has been a pullback in consumer spending. Money
given back because of the drop in gas prices may be targeted for higher spending on goods.
Retailers have cut prices because of high gas prices and lower consumer spending.

2. Cost of back-to-school essentials... have jumped

https://www.cnn.com/2022/08/11/business/back-to-school-supplies-cost-more/index.html

A) The article’s point is school supplies prices have increased over the years. Statistics show these
price increases on school supplies such as notebooks, folders, and backpacks. For example,
“lunch box prices have increased 14% to $25 on average, while the cost of backpacks increased
by 12% to $70 on average”.
B) Prices have risen to cover inflationary costs from raw material suppliers. What retailers charge is
not claimed to be correlated. A bias in raising the prices of back-to-school supplies may correlate
to taking advantage of the high amount of consumer spending and raising prices during back-to-
school time.

3. How to take advantage of rising interest rates

https://www.cnn.com/2022/07/27/success/take-advantage-of-rising-rates-late-july-feseries/index.html

A) Mortgage prices have been rising over the past year. Statistics show that the average 30-year
fixed mortgage rate went from 5.52% to 3.22% earlier this year. This represents the increases in
mortgage prices.
B) Higher mortgage prices may lead to an increase in bias by draining more loan money too those
who cannot afford the increases in inflation. A way for debt to be raised for those people and a
bias benefiting from it.