At the End of Last Year the Consumer Price Index

question 357

Multiple Choice

At the end of last year the Consumer Price Index was equal to 157.5 and at the end of this year it was equal to 163.8. What is the inflation rate over this time period?

• A) 6.3 percent
• B) 4.0 percent
• C) 3.85 percent
• D) 10.1 percent

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Definitions:

Knowledge Management

The creation of systems to locate, produce, capture, curate, move, and capitalize upon knowledge for organizational benefit.

Digital Archive

An online repository that stores and provides access to digital copies of historical documents or media.

Tech World

Refers to the global industry and community involved in the creation, distribution, and management of technology and technological products, services, and innovations.

Platform Capitalism

The use of digital infrastructure that enables two or more groups (typically, users and providers of a service) to interact, which is the basis of the on-demand, sharing, and gig economies.