If the Price Index in 2000 Is 120 and the Price

question 71

Multiple Choice

If the price index in 2000 is 120 and the price index in 2001 is 112, then the rate of inflation between 2000 and 2001 is:

• A) - 8.6%.
• B) - 8.7%.
• C) - 6.6%.
• D) - 4.17%.

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