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autumnnelson123 autumnnelson123
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5 years ago

Question 1.

If the price index in period 2 is 105 and the price index in period 3 is 122, the rate of inflation between period 2 and period 3 is



▸ 11.6%.

▸ 12.9%.

▸ 16.2%.

▸ 17.0%.

Question 2.

If the price index in 2015 is 132 and the price index in 2016 is 114, the rate of inflation between 2015 and 2016 is



▸ -13.6%.

▸ -5.8%.

▸ 6.4%.

▸ 15.8%.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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zachcarytcriszachcarytcris
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5 years ago
Thank you, thank you, thank you!
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