Multiple Choice
Suppose rate of inflation for some specific year was 10 percent.If the CPI for that year was 139.7, the previous year's CPI must have been:
A) 100.0.
B) 129.7.
C) 153.7.
D) 127.0.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q96: A lender need not be penalized by
Q143: During the past ten years the average
Q144: The price level has doubled in 35
Q145: A nation has a population of 260
Q146: Cyclical unemployment is the result of:<br>A)expansion in
Q150: If the CPI was 160 in 2008
Q151: If the nominal interest rate is 12
Q152: Kevin has lost his job in an
Q153: The complexity in recognizing the type of
Q201: If the consumer price index falls from