If the Price Index in 2015 Is 132 and the Price

question 8

Multiple Choice

If the price index in 2015 is 132 and the price index in 2016 is 114, the rate of inflation between 2015 and 2016 is

• A) -13.6%.
• B) -5.8%.
• C) 6.4%.
• D) 15.8%.

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