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Author Question: If the CPI this year is 240 and the CPI in the previous year was 200, what is the annual inflation ... (Read 74 times)

Mollykgkg

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on: Jun 30, 2018
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

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


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Mollykgkg

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Reply #2 on: Jun 30, 2018
Thank you :)


sarajane1989

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Reply #3 on: Jun 30, 2018
Happy to help you


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