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In Monaco, a Market Basket of Goods and Services Cost

Question 126

Multiple Choice

In Monaco, a market basket of goods and services cost $130 in 2017, $140 in 2018, and $160 in 2019. Based on this information and considering 2017 as the base year, inflation from 2017 to 2019 was:


A) 7.14%.
B) 7.14%
C) 7.69%
D) 7.69%.
E) 14.28%.
F) 14.28%
G) 23.07%
H) 23.07%.

Correct Answer:

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