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(Table: the Consumer Price Index) Use Table: the Consumer Price

Question 73

Multiple Choice

(Table: The Consumer Price Index) Use Table: The Consumer Price Index.
 Year  Consumer Price Index 1802 (base  year)  100310541255150\begin{array} { | l | l | } \hline \text { Year } & \text { Consumer Price Index } \\\hline 1 & 80 \\\hline \begin{array} { l } 2 \text { (base } \\\text { year) }\end{array} & 100 \\\hline 3 & 105 \\\hline 4 & 125 \\\hline 5 & 150 \\\hline\end{array} The approximate rate of inflation in year 5 is:


A) 25%
B) 25%.
C) 10%
D) 10%.
E) 19%
F) 19%.
G) 20%
H) 20%.

Correct Answer:

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