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Author Question: If the price index in 2015 is 115 and the price index in 2016 is 102, the rate of inflation between ... (Read 143 times)

leo leo

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Question 1

If 2015 is the base year and the inflation rate between 2015 and 2016 is -4.5, the price index in 2016 is


◦ 104.5.
◦ 95.5.
◦ -145.0.
◦ cannot be determined from this information because the base year is not known.

Question 2

If the price index in 2015 is 115 and the price index in 2016 is 102, the rate of inflation between 2015 and 2016 is


◦ 13.0%.
◦ 12.7%.
◦ -11.3%.
◦ -13.0%.


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Marked as best answer by leo leo on Apr 19, 2019

peter

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peter

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