Exhibit 13-1 Consumer Price Index

-As shown in Exhibit 13-1,the rate of inflation for Year 5 is:
A) 4.2 percent
B) 5 percent.
C) 20 percent.
D) 25 percent.

Name: Exhibit 13-1 Consumer Price Index -As shown in Exhibit 13-1,the rate of inflation for Year 5 is: A) 4.2 percent B) 5 percent. C) 20 percent. D) 25 percent.
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Exhibit 13-1 Consumer Price Index
 
-As shown in Exhibit 13-1,the rate of inflation for Year 5 is:
A) 4.2 percent 
B) 5 percent. 
C) 20 percent. 
D) 25 percent.

Quizplus · Accepted Answer

The rate of inflation for Year 5 is 4.2 percent, which is calculated as (104.2 - 100) / 100 * 100.