Multiple Choice
If 2015 is the base year and the inflation rate between 2015 and 2016 is -4.5, the price index in 2016 is
A) 104.5.
B) 95.5.
C) -145.0.
D) cannot be determined from this information because the base year is not known
Correct Answer:
Verified
Correct Answer:
Verified
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