If the Inflation Rate Was 5 Per Cent in 2010

question 66

Multiple Choice

If the inflation rate was 5 per cent in 2010 and the price index was 120 in 2009, what was the value of the price index in 2010?

• A) 124
• B) 125
• C) 126
• D) 127

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Definitions:

Talk Loudly

Speaking with a high volume, often more than necessary for the situation, potentially to ensure being heard in noisy environments or for emphasis.

Unusually Chilly

A term used to describe a temperature that is significantly colder than what is typically expected for a certain time of year or location.

Practice

The actual application or use of an idea, belief, or method, as opposed to theories relating to it.

Debit Card

A payment card that deducts money directly from a consumer's checking account to pay for a purchase, unlike a credit card, which borrows money from a line of credit.