Multiple Choice
If the CPI was 121.5 at the end of last year and 138.3 at the end of this year, the inflation rate over these two years was
A) 10.2 percent.
B) 13.8 percent.
C) 12.2 percent.
D) 16.8 percent.
Correct Answer:
Verified
Related Questions
Q269: Last year's price level was 120 and
Q270: Suppose the price level this year is
Q271: If the CPI at the end of
Q272: Q273: If the Consumer Price Index last year 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