If the CPI for This Year Is 220 and the CPI

question 352

Multiple Choice

If the CPI for this year is 220 and the CPI for last year was 215, the inflation rate is

• A) 5 percent.
• B) just over 5 percent.
• C) just over 2 percent.
• D) 10 percent.

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Definitions:

Genus

In biology and taxonomy, genus refers to a rank used in the classification of organisms, grouping together species that share common characteristics.

Consumable

An item intended to be used up and then replaced, often relating to goods that are eaten, drunk, or expended through use.

Compound

A substance formed from two or more elements chemically united in fixed proportions, or a term used to describe a complex sentence formed from two or more independent clauses.

Stipulative Definition

A type of definition in which a new or existing term is given a specific meaning for the purposes of argument or discussion.