uppose that the CPI in 2014 is 120 and the CPI in 2015 was 112, the rate of inflation between 2014 and 2015 is: a) -8.7% b) -8.6% c) -4.17% d) -6.6%
uppose that the CPI in 2014 is 120 and the CPI in 2015 was 112, the rate of inflation between 2014 and 2015 is: a) -8.7% b) -8.6% c) -4.17% d) -6.6%
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Q29 MCQ
Suppose that the
inflation between 2014 and 2015 is:
- a) -8.7%
- b) -8.6%
- c) -4.17%
- d) -6.6%
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