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Author Question: If the CPI in 2015 was 114.7 and the CPI in 2016 was 124.5, then the rate of inflation between 2015 ... (Read 131 times)

Starlight

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Question 1

The index used most often to measure inflation is the


◦ producer price index.
◦ consumer price index.
◦ wholesale price index.
◦ GDP deflator.

Question 2

If the CPI in 2015 was 114.7 and the CPI in 2016 was 124.5, then the rate of inflation between 2015 and 2016 was


◦ 7.9%.
◦ 8.5%.
◦ 9.8%.
◦ 14.7%.


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Marked as best answer by Starlight on Apr 19, 2019

amcvicar

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Starlight

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)


shewald78

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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