Answered: 4. The percentage increase in the…

4. The percentage increase in the Retail Price Index (RPI) from year 2015 to year 2021 is 8.8%. Taking year 2015 as the base period, the RPI of year 2021 is: A. 92 B. 108.8 C. 118.8 D. 128.8

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment

Section: Chapter Questions

Problem 9WNG

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