Multiple Choice
If the CPI was 132.5 at the end of last year and 140.2 at the end of this year, the inflation rate over these two years was
A) 7.7 percent.
B) 5.4 percent.
C) 4.4 percent.
D) 5.8 percent.
Correct Answer:
Verified
Related Questions
Q256: Unpredictable changes in the value of money,
Q257: The consumer price index (CPI)
A) compares the
Q258: The cost of inflation to society includes
A)
Q259: Hyperinflation is defined as
A) declining inflation rates.
B)
Q260: If the CPI is 120, this means
Q262: If the CPI for this year is
Q263: If this year's price level is 126
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents