The Table Below Shows the Price Index for Zimbabwe Starting

question 18

Multiple Choice

The table below shows the price index for Zimbabwe starting in 2000. .econstats.com The data show that

• A) the inflation rate between 2005 and 2006 was 319.2 percent.
• B) new goods bias and quality change bias are responsible for most of Zimbabwe's inflation.
• C) the inflation rate between the base year and 2001 is 73.4 percent.
• D) while Zimbabwe experienced a high price level, it did not experience high inflation.

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