Multiple Choice
Suppose the CPI last year is 121 and the CPI this year is 137. The CORRECT method to calculate the inflation rate is
A) (137 - 121) /100 = 0.16.
B) 137 × 121 = 258.
C) [(137 - 121) /121] × 100 = 13.2.
D) (137/121) × 100 = 113.2.
Correct Answer:
Verified
Correct Answer:
Verified
Q375: Which of the following statements would be
Q376: The Consumer Price Index is a measure
Q377: Frictional unemployment is<br>A) unemployment associated with business
Q378: From 1980 to 2000 the employment-to-population ratio
Q379: When the economy moves into and out
Q381: Full employment occurs when the<br>A) unemployment rate
Q382: The natural unemployment rate<br>A) occurs when the
Q383: If the CPI this year is 175.2
Q384: Discouraged workers _ counted as officially unemployed
Q385: Suppose the population of Tiny Town is