The price index is 270 in one year and 300 in the next. What is the inflation rate?
A) 1 percent
B) 9.3 percent
C) 10 percent
D) 11.1 percent
Correct Answer:
Verified
Q22: The price index is 320 in one
Q23: The price index is 180 in one
Q24: Use the following information to answer the
Q25: Which of the following prices change when
Q25: If the price index in the first
Q26: Use the following information to answer the
Q28: If the consumer price index was 100
Q29: How is the inflation rate calculated?
A)from a
Q34: The price index in the first year
Q40: If this year the CPI is 125
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