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    Macroeconomics Australia Study Set 1
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    Exam 7: The Cpi and the Cost of Living
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    In the Current Year, the CPI Is 122 and During
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In the Current Year, the CPI Is 122 and During

Question 54

Question 54

Multiple Choice

In the current year, the CPI is 122 and during the previous year the CPI was 115. The inflation rate between these years is


A) 5.7 per cent.
B) -6.1 per cent.
C) 1.61 per cent.
D) 6.1 per cent.
E) -5.7 per cent.

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