The following table shows some values of the Consumer Price Index and the corresponding inflation rates for 2012-2015. Year CPI Inflation Rate 2012 229.6 2.1% 2013 233.0 2014 1.6% 2015 237.0 0.1% The value of the Consumer Price Index in 2014 was approximately. Select one: O a. 234.6 O b. 235.0 Oc. 246.9 O d. 236.7
The following table shows some values of the Consumer Price Index and the corresponding inflation rates for 2012-2015. Year CPI Inflation Rate 2012 229.6 2.1% 2013 233.0 2014 1.6% 2015 237.0 0.1% The value of the Consumer Price Index in 2014 was approximately. Select one: O a. 234.6 O b. 235.0 Oc. 246.9 O d. 236.7
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:The following table shows some values of the Consumer Price Index and the corresponding inflation rates for 2012-2015.
Year
CPI
Inflation Rate
2012
229.6
2.1%
2013
233.0
2014
1.6%
2015
237.0
0.1%
The value of the Consumer Price Index in 2014 was approximately.
Select one:
O a. 234.6
O b. 235.0
O c. 246.9
O d. 236.7
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