Question 1
Refer to the information provided in Table 22.5 below to answer the question(s) that follow.


Refer to Table 22.5. The lowest inflation rate is between the years
◦ 2015 and 2016.
◦ 2014 and 2015.
◦ 2013 and 2014.
◦ cannot be determined from the given information.
Question 2
Refer to the information provided in Table 22.5 below to answer the question(s) that follow.


Refer to Table 22.5. Suppose 2015 is the base year. The price index in 2014 is
◦ 94.2.
◦ 97.4.
◦ 106.1.
◦ 123.0.