The table shows the CPI in Genovia.   Calculate the inflation rates in 2017 and 2018.   Did the CPI rise in 2018​?   Did the inflation rate increase in 2018​?   ​>>> Answer to 1 decimal place. Genovia​'s inflation rate in 2017 was nothing percent. Genovia​'s inflation rate in 2018 was nothing percent. In 2018​, Genovia​'s CPI​ _______ and its inflation rate​ _______.     A. ​increased; increased   B. ​decreased; decreased   C. ​decreased; remained constant   D. ​increased; decreased   Year CPI 2016 104   2017 108   2018 110

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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The table shows the CPI in
Genovia.
 
Calculate the inflation rates in
2017
and
2018.
 
Did the CPI rise in
2018​?
 
Did the inflation rate increase in
2018​?
 
​>>> Answer to 1 decimal place.
Genovia​'s
inflation rate in
2017
was
nothing
percent.
Genovia​'s
inflation rate in
2018
was
nothing
percent.
In
2018​,
Genovia​'s
CPI​ _______ and its inflation rate​ _______.
 
 
A.
​increased; increased
 
B.
​decreased; decreased
 
C.
​decreased; remained constant
 
D.
​increased; decreased
 
Year
CPI
2016
104
 
2017
108
 
2018
110
 
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