Solved

If the Price Index Is 120 in 2001 and 126

Question 54

Multiple Choice

If the price index is 120 in 2001 and 126 in 2002,what is the inflation rate?

A) 5 percent
B) 6 percent
C) 20 percent
D) 26 percent

Related Questions

Q31: Unanticipated inflation will benefit creditors at the

Q49: What do economists consider a forestry worker

Q50: What percentage of the unemployed do job

Q51: In 2010,which Canadian province had the highest

Q52: What is the most closely watched measure

Q53: St.Somewhere has a working age population of

Q55: If the inflation rate is 6 percent,what

Q56: Which of the following statements about the

Q57: How is economic growth measured?<br>A)by changes in

Q59: If the CPI equals 100 in year