The CPI in 1930 equaled 0.17. The CPI in 1931 equaled 0.15. The rate of inflation between 1930 and 1931 was ________ percent.
A) -13.3
B) -11.8
C) 1.5
D) 11.8
Correct Answer:
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Q26: Which of the following is a real
Q27: Which of the following is a nominal
Q28: Inflation is a measure of the _
Q29: A nominal quantity is measured:
A)in physical terms.
B)in
Q30: The annual percentage rate of change in
Q32: A price index measures:
A)the price of specific
Q33: A real quantity is a quantity measured:
A)in
Q34: Deflation is a situation in which the:
A)quantity
Q35: The _ is the rate of change
Q36: All of the following are nominal quantities
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