Multiple Choice
Table 5.6
-Refer to Table 5.6.Consider the above values of the consumer price index for 2015, 2016, and 2017.The inflation rate for 2016 was equal to
A) 1.2 percent.
B) 2.0 percent.
C) 2.5 percent.
D) 4.0 percent.
E) 5.2 percent.
Correct Answer:
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