Author Question: If the consumer price index (CPI) in Year X was 300 and the CPI in Year Y was 325, the rate of ... (Read 49 times)

OSWALD

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If the consumer price index (CPI) in Year X was 300 and the CPI in Year Y was 325, the rate of inflation for Year Y was:
 a. 325 percent.
  b. 25 percent.
  c. 5 percent.
  d. 8 percent.

Question 2

Supply-side economics calls for:
 a. lower taxes on businesses and individuals.
  b. regulatory reforms to increase productivity.
  c. government subsidies to promote technological advance.
  d. All of these.



courtney_bruh

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Answer to Question 1

d

Answer to Question 2

d



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