Author Question: If the CPI was 121.5 at the end of last year and 138.3 at the end of this year, the inflation rate ... (Read 123 times)

drink · **on:** Jun 29, 2018

If the CPI was 121.5 at the end of last year and 138.3 at the end of this year, the inflation rate over these two years was

A) 10.2 percent.
B) 13.8 percent.
C) 12.2 percent.
D) 16.8 percent.

Question 2

It is estimated that in 2007, Mexico had a population of 110 million and GDP of 1 trillion. In 2006, Mexico's population was 104 million and GDP was 839 billion. Per GDP person ________ by ________ between 2006 and 2007 in Mexico.

A) increased; 1038
B) increased; 5 percent
C) decreased; 2013
D) decreased; 5 percent