Choose the Correct Word or Words in Parentheses

question 8

Short Answer

Choose the correct word or words in parentheses.
-Do you think (it's, its)possible to finish the project under budget?

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Definitions:

Deflation

A decrease in the general price level of goods and services, often leading to an increase in the real value of money.

Annual Interest Rate

The percentage of the principal that is paid as interest to the lender over the course of a year.

Consumer Price Inflation

The pace at which the average cost of goods and services elevates, resulting in diminished purchasing capacity.

CPI

The CPI, or Consumer Price Index, tracks the average variation in prices that urban customers pay for a selection of consumer goods and services over a period of time.