For an Imaginary Economy,the Value of the Consumer Price Index

question 67

Multiple Choice

For an imaginary economy,the value of the consumer price index was 140 in 2013 and 146.5 in 2014.The economy's inflation rate for 2014 was

• A)4.6 percent.
• B)6.5 percent.
• C)4.4 percent.
• D)46.5 percent.