Solved

If the Consumer Price Index Rises from 300 to 333

Question 23

Multiple Choice

If the Consumer Price index rises from 300 to 333 in a particular year, the rate of inflation in that year is:

A) 11 percent.
B) 33 percent.
C) 91 percent.
D) 10 percent.

Related Questions

Q18: The GDP gap measures the:<br>A)difference between NDI

Q19: The natural rate of unemployment is:<br>A)higher than

Q21: If Ernie's annual real income rises by

Q22: Cost-push inflation could be explained by:<br>A)an increase

Q25: During a serious recession we would expect

Q26: Generally speaking, output and employment are more

Q27: To limit the loss of purchasing power

Q28: Canada's economy is considered to be at

Q41: Given the annual rate of inflation, the

Q188: Assume that there is a fixed rate