Table 20-2

-Refer to Table 20-2.Suppose that the data in the table above reflect the price levels in the economy.What is the inflation rate in between 2010 and 2011?
A) 2%
B) 5%
C) 10%
D) 12%
E) 20%
Correct Answer:
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Q87: Monthly expenditures for a family of 4
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Q186: The PPI is the
A)price parity index.
B)prime producer
Q187: Most economists believe that biases cause changes
Q188: If consumers purchase fewer of those products
Q190: The inflation rate measures the percentage increase
Q192: If the CPI falls from 142 to
Q195: If the CPI rises from 206.7 to
Q199: In 1986,an Apple IIe computer with 65
Q200: What does the PPI measure?
A)the average change
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