The Price Index in 2018 Is 130, and in 2019

question 46

Multiple Choice

The price index in 2018 is 130, and in 2019 it is 143. What is the inflation rate?

• A) 1.01 percent
• B) 10 percent
• C) 13 percent
• D) 43 percent

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Definitions:

Urban Riots

Violent disturbances that occur within urban areas, often as expressions of social or political grievances by marginalized groups.

Railroad Construction

This involves the building of railway lines, which was crucial for industrial growth and westward expansion in many countries during the 19th century.

Horace Greeley

An American newspaper editor and politician who founded the New York Tribune and was a major figure in the early Republican Party.

Primary Goal

The main or most important objective aimed to be achieved in a plan, strategy, or endeavor.