The data below show the Consumer Price Index for all goodsand for recreation only.
Source: 2010 Economic Report of the President
CPI
All Goods
Recreation
1997
160.5
99.6
1998
163.0
101.1
1999
166.6
102.0
2000
172.2
103.3
2001
177.1
104.9
2002
179.9
106.2
2003
184.0
107.5
2004
188.9
108.6
2005
195.3
109.4
2006
201.6
110.9
2007
207.3
111.4
How does the rate of inflation in recreationcompare to the overall rate of inflation (all goods)?
What does this imply for employment or wagesin the recreation sector?