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    Business
  3. Study Set
    Macroeconomics Study Set 43
  4. Exam
    Exam 9: B: Business Cycles, Unemployment, and Inflation
  5. Question
    The Consumer Price Index Was 247 in Year 1 and 272
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The Consumer Price Index Was 247 in Year 1 and 272

Question 120

Question 120

Multiple Choice

The consumer price index was 247 in year 1 and 272 in year 2.The rate of inflation in year 2 was about:


A) 12 percent.
B) 10 percent.
C) 8 percent.
D) 6 percent.

Correct Answer:

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