If the CPI Is 120 in 2005 and 150 in 2006

question 93

Multiple Choice

If the CPI is 120 in 2005 and 150 in 2006, what is the rate of inflation over this period?

• A) 8%
• B) 20%
• C) 25%
• D) 30%

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Definitions:

Elements

Fundamental components or substances that constitute matter, each with its own chemical properties.

Crime

Acts or offenses that are against the law and punishable by a governing authority.

Theory

A tentative explanation of some aspect of social life that states how and why certain facts are related.

Informal Punishment

Involves a mild sanction that is imposed during face-to-face interaction, not by the judicial system.