-In the Table Above, What Inflation Rate Belongs in Space

question 225

Multiple Choice

$$\begin{array} { | l | l | c | } \hline { \text { Year } } & \text { Price index } & \begin{array} { l } \text { Inflation rate } \\\text { (percent) }\end{array} \\\hline 1 & 100 & \\\hline 2 & 117 & \text { A } \\\hline 3 & 125 & \text { B } \\\hline 4 & 120 & \text { C } \\\hline 5 & \mathrm { D } & 8.3 \\\hline 6 & 150 & \text { E } \\\hline\end{array}$$
-In the table above, what inflation rate belongs in space C?

• A) 8.3 percent
• B) 6.8 percent
• C) 17.0 percent
• D) -4.0 percent

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Definitions:

Negligent

The failure to exercise the care that a reasonably prudent person would exercise in similar circumstances, resulting in harm or damage.

Dishonored Checks

Checks that a bank refuses to pay or cash, typically because the account holder has insufficient funds.

Dishonor

In the context of finance, refers to the refusal or inability of a party to pay a debt when it is due.

Instrument

A formal legal document, such as a contract, will, promissory note, or warrant, that establishes rights, privileges, or liabilities.