The Table Shown Provides CPI Values for Various Years

question 121

Multiple Choice

The table shown provides CPI values for various years. What was the inflation rate in 2017?

• A) 4 percent
• B) −1.9 percent
• C) 1.9 percent
• D) 2.9 percent

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Definitions:

Expectancy Theory

A motivational theory suggesting that individuals decide how to behave based on their expectations that the effort will lead to a certain outcome and the value of that outcome to them.

Research Follow-up

The process of collecting additional information or data after an initial investigation to clarify results or answer new questions.

Practical

Focused on or concerned with the actual doing or use of something rather than with theory and ideas.

Interpret

The act of explaining or providing the meaning of something, often requiring analysis of data, text, or artwork.