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Author Question: The consumer price index for a country in Year 1 was 129 and in Year 2, it was 133. The inflation ... (Read 97 times)

evelyn o bentley

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The consumer price index for a country in Year 1 was 129 and in Year 2, it was 133. The inflation rate of the country between the two years is approximately ________.
 
  A) 6 percent B) 2.2 percent C) 4 percent D) 3.1 percent

Question 2

When real planned saving is greater than real planned investment spending
 
  A) real GDP will increase. B) the interest rate will increase.
  C) the interest rate will decrease. D) real GDP will decrease.



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reversalruiz

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Answer to Question 1

D

Answer to Question 2

D





 

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