Multiple Choice
Of the following sequences of price levels, which correctly represents a 5 percent inflation rate?
A) 100, 105, 105, 105
B) 100, 105, 110.25, 115.76
C) 100, 105, 110, 115
D) 100, 100, 100, 100
Correct Answer:
Verified
Correct Answer:
Verified
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