If This Year the Price Level Is 135 and Last

question 365

Multiple Choice

If this year the price level is 135 and last year it was 125, the inflation rate is

• A) 8 percent.
• B) 10 percent.
• C) 12 percent.
• D) none of the above.

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Definitions:

West German Chancellor

The head of government for West Germany, a position held from the establishment of the Federal Republic of Germany in 1949 until the reunification in 1990.

Nationalist Rebels

Groups or individuals who engage in resistance or armed conflict against established authority or occupation forces, driven by a desire for self-determination or nationalist ideology.

African Colonies

Territories in Africa that were under the rule of foreign powers during the era of imperialism, leading to significant cultural, political, and social changes.

Political Transformation

Political transformation refers to significant changes in the nature, structure, or key policies of a government or political system, often involving reform or revolution.