menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics Study Set 8
  4. Exam
    Exam 11: Measuring the Cost of Living: The Consumer Price Index
  5. Question
    If the Consumer Price Index Was 100 in the Base
Solved

If the Consumer Price Index Was 100 in the Base

Question 188

Question 188

Multiple Choice

If the consumer price index was 100 in the base year and 106 in the following year,then the inflation rate was


A) 1.06 percent.
B) 6 percent.
C) 10.6 percent.
D) 106 percent.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q39: The producer price index measures the cost

Q183: The CPI differs from the GDP deflator

Q184: Which of the following is not a

Q185: Michelle bought word-processing software in 2009 for

Q186: The relative importance of housing in the

Q187: The three problems with using the consumer

Q189: In which of the following cases would

Q190: With respect to the consumer price index,the

Q192: If the cost of medical care increases

Q206: For any given year, the CPI is

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines