-Based on the Table Above, the CPI for 2019 Is

question 12

Multiple Choice

-Based on the table above, the CPI for 2019 is

• A) 102.5.
• B) 105.1.
• C) 5.0 per cent.
• D) 98.5.
• E) 100.

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Definitions:

Large Denomination

Large denomination refers to currency notes or financial instruments that represent a high value, typically making transactions and storage of large sums more convenient.

M3

A broad measure of a country's money supply that includes M2 plus large time deposits, institutional money market funds, and short-term repurchase agreements.

Small Denomination

refers to currency or financial instruments that have a low face value.

Large Denomination

Refers to currency notes or financial instruments issued in high value amounts, simplifying large transactions or investments.