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NYC NYC
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8 years ago
If the CPI in 2005 was 109 and the CPI in 2006 was 116, then the rate of inflation between 2005 and 2006 was:
A) 6.42%.
B) 7.0%.
C) 6.03%.
D) 1.09%.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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8 years ago
Good answer, thanks.
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