Between 1972 and 2014, Canada's inflation rate as measured by the CPI
A)rose in some years and fell in some years.
B)consistently rose every year.
C)consistently fell every year.
D)was always between 1 and 3 percent a year.
E)was always positive.

Question

Quizplus · Accepted Answer

The inflation rate in Canada, as measured by the CPI, varied between years. It rose in some years and fell in others, making choice A the most accurate answer. The rate was not consistently rising or falling every year, nor was it always between 1 and 3 percent a year. However, it was always positive since inflation refers to a general increase in prices over time.

Between 1972 and 2014, Canada's Inflation Rate as Measured by the CPI