-Refer to Table 6.11. If 1999 is the base year, then the inflation rate (i.e., the growth rate of the price index) between 1999 and 2000 is:
A) 17.8 percent.
B) zero percent.
C) 121.7 percent.
D) 2.17 percent.

Question

-Refer to Table 6.11. If 1999 is the base year, then the inflation rate (i.e., the growth rate of the price index) between 1999 and 2000 is:
A) 17.8 percent. 
B) zero percent. 
C) 121.7 percent. 
D) 2.17 percent.

Quizplus · Accepted Answer

The Answer of 
-Refer to Table 6.11. If 1999 is the base year, then the inflation rate (i.e., the growth rate of the price index) between 1999 and 2000 is:
A) 17.8 percent. 
B) zero percent. 
C) 121.7 percent. 
D) 2.17 percent.