Multiple Choice
If the consumer price index (CPI) was 125 at year-end of 2008 and 132.5 at year-end 2009, inflation during 2009 was
A) zero; prices were stable during 2009.
B) 6.0 percent.
C) 7.5 percent.
D) 12.5 percent.
Correct Answer:
Verified
Correct Answer:
Verified
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