Multiple Choice
If the CPI was 122.3 at the end of last year and 124.5 at the end of this year, the inflation rate over these two years was
A) 18.0 percent.
B) 22.5 percent.
C) 2.5 percent.
D) 1.8 percent.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q260: If this year's price level is 126
Q261: The currently used method for calculating the
Q262: The natural unemployment rate<br>A) is attained whenever
Q263: The table below shows the price index
Q264: An economy is at full employment when
Q267: How would you best describe a manufacturing
Q268: Cyclical unemployment<br>A) occurs when technology improvements change
Q269: In a country with a working- age
Q270: Full employment occurs when<br>A) the unemployment rate
Q336: Define and give an example of how