Multiple Choice
If the Consumer Price Index changes from 120 in the year 2012 to 126 in the year 2014,the average rate of inflation per year over this two-year period is approximately
A) 6%.
B) 5%.
C) 3%.
D) 2.5%.
E) 1.5%.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q10: It is important for policymakers to recognize
Q16: If a country's labour force is 15
Q30: Women entered the labour force in large
Q31: Consider a small economy with real GDP
Q64: To compare the economy's aggregate output in
Q77: Which of the following is the best
Q84: What is the approximate measure (2014 data)of
Q87: The table below provides macroeconomic data for
Q110: Consider a small economy with 3 individuals
Q113: Suppose the unemployment rate is 8.5% and