Multiple Choice
If the Consumer Price Index (CPI) was 150 at the end of 2010 and 165 at the end of 2011, what was the inflation rate for 2011?
A) 65 percent
B) 50 percent
C) 15 percent
D) 10 percent
E) 9.1 percent
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q117: Inflation lowers the value of assets like
Q118: The original Phillips Curve<br>A) shows an immediate
Q119: Compared to the inflation rate calculated using
Q120: When the price level falls by 20
Q121: The labour force includes<br>A) Andrew, who is
Q123: The original Phillips Curve suggests it is
Q124: Structural unemployment comes from a mismatch between
Q125: According to the quantity theory of money,
Q126: East Westfalia reported these unemployment rates for
Q127: Periods of high unemployment and high inflation