Refer to Figure 10.2 for the following questions.
Figure 10.2

-In Figure 10.2, given the economy is at point A in year 1 and point B in year 2, what is the rate of increase in the price level (the inflation rate)between those two years?
A)1.8%
B)2.7%
C)3.0%
D)0.9%

Question

Refer to Figure 10.2 for the following questions.
Figure 10.2
 
-In Figure 10.2, given the economy is at point A in year 1 and point B in year 2, what is the rate of increase in the price level (the inflation rate)between those two years?
A)1.8% 
B)2.7% 
C)3.0% 
D)0.9%

Quizplus · Accepted Answer

The Answer of Refer to Figure 10.2 for the following questions.
Figure 10.2
 
-In Figure 10.2, given the economy is at point A in year 1 and point B in year 2, what is the rate of increase in the price level (the inflation rate)between those two years?
A)1.8% 
B)2.7% 
C)3.0% 
D)0.9%

Refer to Figure 10.2 for the Following Questions