The Rate of Inflation Is the

Multiple Choice

The rate of inflation is the

A) price level.
B) consumer price index.
C) annual percentage change in the price level.
D) the average price of a given class of goods or services relative to the price of the same goods and services in a base year.
E) the average price of a class of goods or services that change in any period relative to the prices of the goods or services that have not changed since the base year.