Refer to the information provided in Table 22.6 below to answer the question(s) that follow.
Table 22.6
-Refer to Table 22.6. If 2014 is the base year, the inflation rate between 2014 and 2016 is
A) 40.2%.
B) 28.7%.
C) 25.1%.
D) 17.4%.

Question

Refer to the information provided in Table 22.6 below to answer the question(s) that follow.
Table 22.6 
-Refer to Table 22.6. If 2014 is the base year, the inflation rate between 2014 and 2016 is
A) 40.2%. 
B) 28.7%. 
C) 25.1%. 
D) 17.4%.

Quizplus · Accepted Answer

The inflation rate between 2014 and 2016 is (125.1 - 100) / 100 * 100 = 25.1%.

Refer to the Information Provided in Table 22