Use the following to answer questions.
Exhibit: Consumer Price Index for a City

-(Exhibit: Consumer Price Index for a City) The base year is 2002. What is the inflation rate in 2004?
A) 20.8%
B) 22%
C) 31.5%
D) 30%
Correct Answer:
Verified
Q68: What is the difference between a nominal
Q69: Use the following to answer questions .
Exhibit:
Q70: Use the following to answer questions .
Exhibit:
Q71: Use the following to answer questions .
Exhibit:
Q72: If all prices experience an increase of
Q74: Use the following to answer questions .
Exhibit:
Q75: To measure the "core" inflation rate, the
Q76: Use the following to answer questions.
Exhibit: Consumer
Q77: Use the following to answer questions .
Exhibit:
Q78: If the CPI is 120 in 2005
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