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For an Imaginary Economy,the Value of the Consumer Price Index

Question 16

Multiple Choice

For an imaginary economy,the value of the consumer price index was 140 in 2013,and the inflation rate was 5.0 percent between 2013 and 2014.The consumer price index in 2014 was


A) 145.0.
B) 147.0.
C) 135.0.
D) 133.3.

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