Fiction Finance

Leo was a sharp-minded entrepreneur who ran FreshMart , a successful chain of grocery stores in his city. Business had always been steady, but over the last year, something strange had happened. 🛒 His customers were complaining that prices were rising too fast. 📈 His suppliers had increased their rates , saying costs had gone up. 💰 But when he looked at his store’s earnings , they weren’t increasing as much. Leo couldn’t tell whether this was just a problem with his stores or something happening on a larger scale. If prices kept rising, customers might switch to competitors, and his profits would shrink. "I need to get to the bottom of this!" Leo thought. The Price Index Puzzle Leo decided to visit his old economics professor, Mr. Kapoor , for advice. "Professor, my customers say prices are rising. My suppliers are charging me more. But how do I know if this is just a local issue or something bigger?" Mr. Kapoor smiled. "That’s a great question, Leo. What ...