Multiple Choice
If the CPI in 2015 was 112 and the CPI in 2016 was 116, then the rate of inflation between 2015 and 2016 was
A) 4.00%.
B) 3.64%.
C) 3.57%.
D) 3.45%.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q42: U.S. productivity grew the fastest in which
Q43: Per capita output is a measure of
Q44: The economy is in a recession and
Q45: Bob is not considered unemployed if he<br>A)
Q46: If 2015 is the base year and
Q48: The _ in unemployment that occurs during
Q49: A decrease in search costs will decrease
Q50: A price index that tends to be
Q51: The United States has not experienced high
Q52: Output in an economy can be increased