Multiple Choice
If the current year's consumer price index is 214 and last year's consumer price index was 209, then the rate of inflation is
A) 2.4%.
B) 2.8%.
C) 3%.
D) 5%.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q40: Suppose Robert has a wage contract subject
Q41: Jill has an escalator clause in her
Q42: The mortgage crisis caused a lot of
Q43: The nonaccelerating inflation rate of unemployment is
Q44: Supply shocks can cause inflation.
Q46: If the cost of a typical market
Q47: Which of these would be included in
Q48: There are 15 million people living in
Q49: Which statement does NOT describe a problem
Q50: (Table) According to the table, real GDP