If the CPI changes from 125 to 120 between 2015 and 2016,how did prices change between 2015 and 2016?
A) Prices increased by 5%.
B) Prices decreased by 5%
C) Prices increased by 25%.
D) Prices decreased by 4%.
Correct Answer:
Verified
Q185: What is outlet bias?
A)the tendency for households
Q186: The PPI is the
A)price parity index.
B)prime producer
Q188: If consumers purchase fewer of those products
Q189: The base period for CPI calculations is
Q190: The inflation rate measures the percentage increase
Q191: Which of the following describes the accuracy
Q192: If the CPI falls from 142 to
Q195: If the CPI rises from 206.7 to
Q196: Housing is the largest component of the
Q200: What does the PPI measure?
A)the average change
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