Refer to Table 20-6. Consider the following values of the ...

[dollx]

Refer to Table 20-6. Consider the following values of the consumer price index for 1996, 1997, and 1998: The inflation rate for 1997 was equal to
 
  A) 1.2 percent. B) 2.0 percent. C) 2.5 percent. D) 4.0 percent.

Question 2

Money's most narrow definition is based on its function as a
 
  A) store of value.
  B) standard of barter.
  C) unit of account.
  D) medium of exchange.
  E) standard of deferred payment.

[s.meritte]

Answer to Question 1

C

Answer to Question 2

D