If this year's price level is 126 and last year's price level was 120, the inflation rate is
A) 0.95 percent a year.
B) 5 percent a year.
C) 6 percent a year.
D) 1.05 percent a year.

Question

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The Answer of If this year's price level is 126 and last year's price level was 120, the inflation rate is
A) 0.95 percent a year.
B) 5 percent a year.
C) 6 percent a year.
D) 1.05 percent a year.

If This Year's Price Level Is 126 and Last Year's