If the consumer price index is 120 in year 1 and 150 in year 2, then the rate of inflation from year 1 to year 2 is:
A) 10%.
B) 20%.
C) 25%.
D) 30%.
Correct Answer:
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Q229: Use the following to answer questions :
Q230: Use the following to answer questions:
Scenario: Price
Q231: Use the following to answer questions :
Table:
Q232: A price index:
A)always includes a base year.
B)measures
Q233: Inflation can be measured by the:
A)percentage change
Q235: In a market basket of goods:
A)the quantities
Q236: Inflation is a(n):
A)rising aggregate price level.
B)expansion of
Q237: Suppose that the market basket for the
Q238: In the Republic of Sildavia, a market
Q239: Use the following to answer questions :
Table:
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