If This Year's Price Level Is 126 and Last Year's

question 289

Multiple Choice

If this year's price level is 126 and last year's price level was 120, the inflation rate is

• A) 0.95 percent a year.
• B) 5 percent a year.
• C) 6 percent a year.
• D) 1.05 percent a year.

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Definitions:

Etiquette Guideline

A set of recommended practices and norms for behavior in social and professional situations to ensure respectful and considerate interaction.

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The presence and activities of a business on the internet, including its website, social media, and other digital platforms.

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