If the consumer price index changes from 120 to 125 between December 2009 and December 2010, the:
A) inflation rate for 2010 is 4.2%.
B) inflation rate for 2010 is 5%.
C) deflation rate for 2010 is 5%.
D) deflation rate for 2010 is 4.2%.
Correct Answer:
Verified
Q249: Use the following to answer questions :
Table:
Q250: You read in the newspaper that the
Q251: Use the following to answer question :
Q252: Use the following to answer questions :
Table:
Q253: Assume that the consumer price index for
Q255: If the consumer price index for 2010
Q256: Use the following to answer questions :
Q257: Assume that the consumer price index for
Q258: Use the following to answer question :
Q259: Assume that the consumer price index for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents