Suppose the Consumer Price Index Was 140

question 61

Multiple Choice

Suppose the consumer price index was 140.3 in 2013 and 144.5 in 2014.Therefore, the rate of inflation for 2014 was about:

• A)6.7 percent.
• B)3.0 percent.
• C)1.2 percent.
• D)13.6 percent.

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Definitions:

Bangladesh

A country in South Asia, recognized for its rich culture, history, and as a rapidly evolving economy.

Market Characteristics

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Entities that contest with others for the same objective, such as market share or recognition.

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