If the CPI Increases from 250 to 275 for One

question 40

Multiple Choice

If the CPI increases from 250 to 275 for one year,the rate of inflation for that year is

• A)13 percent.
• B)10 percent.
• C)25 percent.
• D)15 percent.

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Definitions:

Obverse

The statement formed by negating both the subject and predicate of a given categorical proposition and changing the quality from affirmative to negative, or vice versa.

Proposition

In philosophy, a content of thought expressed in language or symbols that can be analyzed as either true or false.

Converse

In logic, a statement formed by reversing the antecedent and consequent in a conditional statement; if the original statement is "If P, then Q," the converse is "If Q, then P."

Proposition

A pronouncement that exhibits a view or judgment.