Solved

The Price Index in 2018 Is 130, and in 2019

Question 46

Multiple Choice

The price index in 2018 is 130, and in 2019 it is 143. What is the inflation rate?

A) 1.01 percent
B) 10 percent
C) 13 percent
D) 43 percent

Related Questions

Q41: Suppose that the nominal interest rate is

Q43: Which statement best describes the relationship between

Q44: When does a cost-of-living allowance (COLA) automatically

Q45: If the price index in the first

Q47: Aditi deposits $1000 into a savings account

Q48: Which statement best defines "indexation"?<br>A) It is

Q49: If there is a reduction in the

Q50: If the cost of shelter increases by

Q51: Welfare payments are indexed for inflation using

Q115: There is no longer much debate among