If the Consumer Price Index Falls from 140 to 135

question 77

Multiple Choice

If the consumer price index falls from 140 to 135 in a year, what is the deflation rate?

• A) 5.00%
• B) 3.57%
• C) 9.25%
• D) 10.37%

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Definitions:

Subsequent Purchasers

Individuals or entities who buy goods or property after the first or original sale.

Client Engagement

Client engagement refers to the activities and strategies used by an organization to maintain and enhance the relationship with its clients.

Duty of Care

A legal obligation imposed on an individual requiring that they adhere to a standard of reasonable care while performing any acts that could foreseeably harm others.