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Related to the Economics in Practice on P

Question 100

Multiple Choice

Related to the Economics in Practice on p. 133: The Consumer Price Index in the United States was 207.3 in 2007, 215.3 in 2008 and 214.5 in 2009. If a retiree's pension is tied to the CPI, his monthly pension check would have increased from ________, and decreased from ________.


A) 2007 to 2008; 2008 to 2009
B) 2008 to 2009; 2007 to 2008
C) 2007 to 2008; 2007 to 2009
D) 2007 to 2009; 2007 to 2008

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