Multiple Choice
The rate of inflation is equal to which of the following?
A) 100 x current price - price in previous periods x price in previous periods) .
B) 100 x price in previous periods - current price) /price in previous periods
C) 100 x current price - price in previous periods) /price in previous periods
D) 100 x price in previous periods - current price/price in previous periods)
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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