If the Value of the Price Index Was 120 in 2009

question 97

Multiple Choice

If the value of the price index was 120 in 2009 and 150 in 2010, then what was the inflation rate in 2010?

• A) 30%
• B) 25%
• C) 20%
• D) 10%

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Definitions:

Correct Meaning

A rephrased explanation or interpretation of a word, phrase, or concept that is accurate or true.

Growth Hormone

A hormone produced by the pituitary gland that stimulates growth, cell reproduction, and regeneration in humans and other animals.

Correct Abbreviation

The approved or standard shortening of words or phrases, particularly in professional or academic contexts to ensure clarity and uniformity.

FBS

Fasting blood sugar; a test measuring the glucose levels in blood after a period of fasting to assess for diabetes or pre-diabetes.