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seeb1999 seeb1999
wrote...
Posts: 480
Rep: 2 0
5 years ago

Question 1.

If the CPI in 2015 was 104.5 and the CPI in 2016 was 110.5, then the rate of inflation between 2015 and 2016 was



▸ 5.4%.

▸ 5.7%.

▸ 6.5%.

▸ 7.0%.

Question 2.

If the CPI in 2015 was 112 and the CPI in 2016 was 116, then the rate of inflation between 2015 and 2016 was



▸ 4.00%.

▸ 3.64%.

▸ 3.57%.

▸ 3.45%.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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1 Reply
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Answer verified by a subject expert
katiewillkatiewill
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Posts: 336
5 years ago
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