In the current year, the CPI is 160 and during the previous year ...

[luvbio]

In the current year, the CPI is 160 and during the previous year the CPI was 181. The inflation rate between these years is
 
  A) 11.6 percent.
  B) -13.1 percent
  C) -013.1 percent.
  D) -11.6 percent.
  E) 13.1 percent.

Question 2

President Obama needs to get Congressional approval to enact measures to boost the economy. The time involved to formulate and get approval for these policies are called
 
  A) crowding in. B) outside lags.
  C) automatic stabilization. D) inside lags.

[bimper21]

Answer to Question 1

D

Answer to Question 2

D