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Which of the Following Formulas Is Used to Calculate the Inflation

Question 75

Multiple Choice

Which of the following formulas is used to calculate the inflation rate?

A) inflation rate = 100 × $\left( \frac { \text { CPI in currentyear } } { \text { CPI in base period } } \right)$
B) inflation rate = 100 × $\left( \frac { \text { CPI in previousyear } } { \text { CPI in current year } } \right)$
C) Inflation rate = 100 × $Which of the following formulas is used to calculate the inflation rate? A) inflation rate = 100 × \left( \frac { \text { CPI in currentyear } } { \text { CPI in base period } } \right) B) inflation rate = 100 × \left( \frac { \text { CPI in previousyear } } { \text { CPI in current year } } \right) C) Inflation rate = 100 × D) Inflation rate = 100 × E) inflation rate = 100 × \left( \frac { \text { CPI in base year } } { \text { CPI in currentyear } } \right)$
D) Inflation rate = 100 × $Which of the following formulas is used to calculate the inflation rate? A) inflation rate = 100 × \left( \frac { \text { CPI in currentyear } } { \text { CPI in base period } } \right) B) inflation rate = 100 × \left( \frac { \text { CPI in previousyear } } { \text { CPI in current year } } \right) C) Inflation rate = 100 × D) Inflation rate = 100 × E) inflation rate = 100 × \left( \frac { \text { CPI in base year } } { \text { CPI in currentyear } } \right)$
E) inflation rate = 100 × $\left( \frac { \text { CPI in base year } } { \text { CPI in currentyear } } \right)$