If the Consumer Price Index Rises from 300 to 333

question 23

Multiple Choice

If the Consumer Price index rises from 300 to 333 in a particular year, the rate of inflation in that year is:

• A)11 percent.
• B)33 percent.
• C)91 percent.
• D)10 percent.

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Definitions:

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Legal proceedings initiated by a private individual or entity against another for the enforcement or protection of a private right.

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A standard implying that goods sold by a merchant are fit for the general purpose for which they are sold.

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