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Hernando G. Hernando G.
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5 years ago

Question 1.

If the price index in period 2 is 109 and the price index in period 3 is 125, the rate of inflation between period 2 and period 3 is



▸ 16.0%.

▸ 14.7%.

▸ 9.0%.

▸ 8.7%.

Question 2.

If the price index in 2015 is 115 and the price index in 2016 is 102, the rate of inflation between 2015 and 2016 is



▸ 13.0%.

▸ 12.7%.

▸ -11.3%.

▸ -13.0%.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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sarahlouhiggsarahlouhigg
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Hernando G. Author
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5 years ago
Thanks for your help!!
shelbycox
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Thanks
asd454512
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This helped my grade so much Perfect
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