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The Table Below Shows the Price Index for Zimbabwe Starting

Question 241

Multiple Choice

The table below shows the price index for Zimbabwe starting in 2000. The table below shows the price index for Zimbabwe starting in 2000. Which of the following statements correctly describe the behavior of prices in Zimbabwe? I. The cost of the CPI basket increased. II. The inflation rate was 73.4 percent between 2000 and 2001. A) I only B) II only C) neither I nor II D) both I and II Which of the following statements correctly describe the behavior of prices in Zimbabwe?
I. The cost of the CPI basket increased.
II. The inflation rate was 73.4 percent between 2000 and 2001.


A) I only
B) II only
C) neither I nor II
D) both I and II

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