Suppose That the Consumer Price Index of a Country Was

question 127

Multiple Choice

Suppose that the consumer price index of a country was 160 at Year 1 and 164 at the end of Year 2.What was the country's inflation rate during Year 2?

• A) 5 percent
• B) 2.5 percent
• C) 64 percent
• D) 164 percent
• E) 32 percent

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