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    Principles of Macroeconomics Study Set 8
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    Exam 11: Measuring the Cost of Living: The Consumer Price Index
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    For an Imaginary Economy,the Value of the Consumer Price Index
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For an Imaginary Economy,the Value of the Consumer Price Index

Question 138

Question 138

Multiple Choice

For an imaginary economy,the value of the consumer price index was 138.75 in 2016,and the inflation rate was 10 percent between 2015 and 2016.The consumer price index in 2015 was


A) 126.1.
B) 128.8.
C) 148.8.
D) 152.6.

Correct Answer:

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