If the Consumer Price Index Changes from 120 in the Year

question 105

Multiple Choice

If the Consumer Price Index changes from 120 in the year 2016 to 126 in the year 2018,the average rate of inflation per year over this two-year period is approximately

• A)6%.
• B)5%.
• C)3%.
• D)2.5%.
• E)1.5%.

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Definitions:

Pectin

A soluble fiber found in the cell walls of fruits and vegetables, used as a gelling agent in foods and potentially beneficial for gastrointestinal health.

Carbohydrates

Organic compounds, including sugars, starches, and cellulose, that are a major source of energy for the body.

Diaphragm

A muscular and membranous partition separating the thoracic cavity from the abdominal cavity, playing a major role in breathing.

Thoracic Cavity

is the part of the body enclosed by the ribs, sternum, and vertebral column, housing organs such as the heart and lungs.