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Suppose You Know the Value of the Consumer Price Index

Question 158

Multiple Choice

Suppose you know the value of the consumer price index (CPI) in year 2 as well as the inflation rate in year 2.Which of the following equations is valid for the CPI in year 1?


A) CPI in year 1 = Suppose you know the value of the consumer price index (CPI) in year 2 as well as the inflation rate in year 2.Which of the following equations is valid for the CPI in year 1? A) CPI in year 1 = B) CPI in year 1 = C) CPI in year 1 = D) CPI in year 1 =
B) CPI in year 1 = Suppose you know the value of the consumer price index (CPI) in year 2 as well as the inflation rate in year 2.Which of the following equations is valid for the CPI in year 1? A) CPI in year 1 = B) CPI in year 1 = C) CPI in year 1 = D) CPI in year 1 =
C) CPI in year 1 = Suppose you know the value of the consumer price index (CPI) in year 2 as well as the inflation rate in year 2.Which of the following equations is valid for the CPI in year 1? A) CPI in year 1 = B) CPI in year 1 = C) CPI in year 1 = D) CPI in year 1 =
D) CPI in year 1 = Suppose you know the value of the consumer price index (CPI) in year 2 as well as the inflation rate in year 2.Which of the following equations is valid for the CPI in year 1? A) CPI in year 1 = B) CPI in year 1 = C) CPI in year 1 = D) CPI in year 1 =

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