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 68 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
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
  • ****
  • Posts: 338
Answer to Question 1

a

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

For a complete list of videos, visit our video library