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  3. Study Set
    Modern Principles of Economics
  4. Exam
    Exam 12: Inflation and the Quantity Theory of Money
  5. Question
    Suppose a Nation's CPI Is 150 in Year 1 and 180
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Suppose a Nation's CPI Is 150 in Year 1 and 180

Question 100

Question 100

Multiple Choice

Suppose a nation's CPI is 150 in Year 1 and 180 in Year 2. What is the rate of inflation?


A) 17%
B) 15%
C) 20%
D) 25%

Correct Answer:

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