Multiple Choice
-In 2010, consumers in Dexter consumed only books and pens. The prices and quantities for 2010 and 2011 are listed in the table above. The reference base period for Dexter?s CPI is 2010. What is the inflation rate in 2011?
A) 2 percent
B) 69 percent
C) 31 percent
D) zero
Correct Answer:

Verified
Correct Answer:
Verified
Q189: The cost of inflation to society includes<br>I.
Q203: Which of the following most likely would
Q204: If the CPI basket of goods cost
Q206: The unemployment rate is found by dividing
Q207: The table below shows the price
Q209: The technique currently used to calculate the
Q210: Full employment occurs<br>A) only if the unemployment
Q211: The natural unemployment rate_<br>A) rises with a
Q212: The unemployment rate equals<br>A) the rate of
Q213: Bill is a high-school drop out who