! 4.The following table shows the UK consumer prices index for the years 2013-16based on 2014=100.YearCPI201387.502014100.002015102.302016108.95Calculate the rate of inflation between 2013 and 2014 to 1 decimal place.A) 8.9%В) 6.6%C) 9.8%D) 14.3%E) 8.8%

Name: ! 4.The following table shows the UK consumer prices index for the yea
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Description: ! 4.The following table shows the UK consumer prices index for the years 2013-16based on 2014=100.YearCPI201387.502014100.002015102.302016108.95Calculate the rate of inflation between 2013 and 2014 to 1 decimal place.A) 8.9%В) 6.6%C) 9.8%D) 14.3%E) 8

Here, CPI of different years are given with 2014 as base year.

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4. The following table shows the UK consumer prices index for the years 2013-16 based on 2014=100. Year CPI 2013 87.50 2014 100.00 2015 102.30 108.95 2016 Calculate the rate of inflation between 2013 and 2014 to 1 decimal place. A) 8.9% В) 6.6% C) 9.8% D) 14.3% E) 8.8%

4. The following table shows the UK consumer prices index for the years 2013-16 based on 2014=100. Year CPI 2013 87.50 2014 100.00 2015 102.30 108.95 2016 Calculate the rate of inflation between 2013 and 2014 to 1 decimal place. A) 8.9% В) 6.6% C) 9.8% D) 14.3% E) 8.8%

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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