Use the table below to answer the following question(s).
Table 7-12

-Refer to Table 7-12.Between 2000 and 2005,the general level of prices increased by approximately
A)16.7 percent.
B)33.3 percent.
C)66.7 percent.
D)133.3 percent.

Question

Use the table below to answer the following question(s).
Table 7-12
 
-Refer to Table 7-12.Between 2000 and 2005,the general level of prices increased by approximately
A)16.7 percent. 
B)33.3 percent. 
C)66.7 percent. 
D)133.3 percent.

Quizplus · Accepted Answer

Between 2000 and 2005, the CPI increased from 150 to 200. This is a 33.3% increase ([200-150]/150 x 100).

Use the Table Below to Answer the Following Question(s)