If the price index last year was 100 and today it is 167,what is the inflation rate over this period?
A) -67 percent
B) -6.7 percent
C) 33 percent
D) 67 percent
E) 167 percent
Correct Answer:
Verified
Q77: In the current year,the CPI is 160
Q78: Q79: The inflation rate measures the Q80: The inflation rate between last year and Q81: The CPI for 2012 was 121,and for Q83: Since 1305,of the following centuries the inflation Q84: Suppose the CPI last year was 82.3 Q85: If the current period has a CPI Q86: In the United States between 1973 and Q87: Looking at the annual inflation rates in
A)average price of
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