Multiple Choice
If the consumer price index in 1980 was 44.0 (2002 is the base period) and it was 49.5 in 1981,what is the best estimate of the rate of inflation from 1980 to 1981?
A) 8.5%.
B) 9.4%.
C) 11.1%.
D) 12.5%.
E) 14.4%.
Correct Answer:
Verified
Correct Answer:
Verified
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