Multiple Choice
If the Consumer Price Index in year 1 was 131 and the rate of inflation was 6.1% what is the Consumer Price Index in year 2?
A) 7.86
B) 123.5
C) 139
D) 209.6
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: You receive a raise of 3% at
Q2: A price level of 120 means that
Q3: _ will benefit from inflation.<br>A)Savers<br>B)Borrowers<br>C)Lenders<br>D)People on fixed
Q4: The most widely used measure for tracking
Q5: Fiat money is<br>A)money that has value because
Q7: Purchasing power<br>A)reflects the number of goods and
Q8: When inflation occurs, money saved _ its
Q9: You have been offered two jobs in
Q10: You are attending the same University where
Q11: Providing a common measure of the worth