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    Principles of Economics Study Set 1
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    Exam 18: Measuring the Price Level and Inflation
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    The CPI in 1974 Equaled 0
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The CPI in 1974 Equaled 0

Question 139

Question 139

Multiple Choice

The CPI in 1974 equaled 0.49. The CPI in 1975 equaled 0.54. The rate of inflation between 1974 and 1975 was ________ percent.


A) 5.0
B) 5.4
C) 9.3
D) 10.2

Correct Answer:

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