Author Question: The table above gives the U.S. CPI for six years. Calculate the inflation rates between 1997 to ... (Read 72 times)

naturalchemist · **on:** Jun 29, 2018

The table above gives the U.S. CPI for six years. Calculate the inflation rates between 1997 to 1998, 1998 to 1999, 1999 to 2000, 2000 to 2001, and 2001 to 2002.

What will be an ideal response?

Question 2

Governments should promote education because education contributes to the nation's

A) free markets.
B) international trade.
C) economic growth potential.
D) employment.
E) protection of property rights.

Swizqar · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

Between 1997 to 1998, the inflation rate was 3.0 percent. Between 1998 to 1999, the inflation rate was 2.3 percent. Between 1999 to 2000, the inflation rate was 1.6 percent. Between 2000 to 2001, the inflation rate was 2.2 percent. And between 2001 to 2002, the inflation rate was 3.4 percent.

Answer to Question 2

C