The percentage change in any economic variable,including the consumer price index (CPI) ,is measured by which equation?
A) (Period 1 - Period 2 / Period 1) × 100.
B) (Period 2 - Period 1 / Period 1) × 100.
C) (Period 2 - Period 1 / Period 2) × 100.
D) Period 1 - Period 2 / Period 1.
E) Period 2 - Period 1 / Period 1.
Correct Answer:
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