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The Percentage Change in Any Economic Variable,including the Consumer Price

Question 159

Multiple Choice

The percentage change in any economic variable,including the consumer price index (CPI) ,is measured by which equation?


A) ((Previous Year - Current Year) / Previous Year) *100
B) ((Current Year - Previous Year) / Previous Year) * 100
C) ((Current Year - Previous Year) / Current Year) *100
D) (Previous Year - Current Year) / Previous Year
E) (Current Year - Previous Year) / Previous Year

Correct Answer:

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