The percentage change in any economic variable,including the consumer price index (CPI) ,is measured by which equation?
A) ((Previous Year - Current Year) / Previous Year) *100
B) ((Current Year - Previous Year) / Previous Year) * 100
C) ((Current Year - Previous Year) / Current Year) *100
D) (Previous Year - Current Year) / Previous Year
E) (Current Year - Previous Year) / Previous Year
Correct Answer:
Verified
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