If the CPI this year is 240 and the CPI in the previous year was ...

[Mollykgkg]

If the CPI this year is 240 and the CPI in the previous year was 200, what is the annual inflation rate?
 
  A) 20.0 percent
  B) 50 percent
  C) 16.7 percent.
  D) -16.7 percent
  E) 40.0 percent

Question 2

At higher interest rates the
 
  A) money supply is indeterminate. B) quantity of money demanded is higher.
  C) money supply is higher. D) quantity of money demanded is lower.

[sarajane1989]

Answer to Question 1

A

Answer to Question 2

D

[Mollykgkg]

Thank you

[sarajane1989]

Happy to help you