Multiple Choice
Assume that the consumer price index for 2009 was 103.9 and for 2010 was 107.6. What was the inflation rate between the two years?
A) 0.97%
B) 1.04%
C) 3.56%
D) 3.70%
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q115: The circular-flow diagram is important because it
Q375: The circular-flow diagram illustrates all of the
Q376: In the consumer price index of the
Q377: The consumer price index is intended to
Q379: Chain linking is a method used to
Q381: The consumer price index measures the cost
Q382: Use the following to answer questions:<br>Table: Real
Q383: Use the following to answer questions :<br>Table:
Q384: The underlying principle of the circular-flow diagram
Q385: An increase in the value of GDP