Multiple Choice
The consumer price index (CPI) in year one was 155.The CPI in year two was 164.The rate of inflation between years one and two was
A) 4.0%.
B) 5.5%.
C) 5.8%.
D) 6.4%.
E) 9.0%.
Correct Answer:
Verified
Correct Answer:
Verified
Q55: If the consumer price index is 135
Q56: A labour contract provides for a first-year
Q57: If all prices,including the price of beef,increased
Q58: The wage paid to workers measured in
Q59: The price level is<br>A) the rate of
Q61: A labour contract provides for a first-year
Q62: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -Refer to the
Q63: Hyperinflation typically means an inflation rate<br>A) of
Q64: Some economists think that even moderate inflation
Q65: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -Refer to the