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Author Question: If the consumer price index in Year 1 was 200 and the CPI for Year 2 was 230, the rate of inflation ... (Read 60 times)

nmorano1

  • Hero Member
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  • Posts: 598
on: Jun 30, 2018
If the consumer price index in Year 1 was 200 and the CPI for Year 2 was 230, the rate of inflation was:
 a. 15 percent.
  b. 7.5 percent.
  c. 30 percent.
  d. 230 percent.

Question 2

Fiscal policy is the manipulation of government spending and taxes.
 a. True
  b. False
  Indicate whether the statement is true or false


emilymalinowski12

  • Sr. Member
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  • Posts: 338
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

True


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