If the price index last year was 1.0 and today it is 1.4,what is the inflation rate over this period?
A) -4%
B) 1) 4%
C) 4%
D) 40%
Correct Answer:
Verified
Q80: Currently,the U.S.national income and product accounts (NIPA)use
Q81: What is the difference between nominal and
Q82: The country of Myrule has produced the
Q83: The expected real interest rate (r)is equal
Q84: You are given information on the consumer
Q86: The Boskin Commission concluded that the CPI
Q87: By Marks buys a one-year German government
Q88: In 2008,inflation exceeded expected inflation.In 2009,expected inflation
Q89: The U.S.inflation rate _ in the 1960s
Q90: The nominal interest rate minus the inflation
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