(Table 5: Price Index for Macroland) Table 5 Provides the Price

question 68

Multiple Choice

(Table 5: Price Index for Macroland) Table 5 provides the price index for Macroland for four years. What was the inflation rate in Macroland during year 2?
$\begin{array}{l}\text { Table 5: Price Index for Macroland }\\\begin{array}{|c|c|c|c|c|}\hline & \text { Year 1 } & \text { Year 2 } & \text { Year 3 } & \text { Year 4 } \\\hline \text { Price index } & 140 & 150 & 158 & 162 \\\hline\end{array}\end{array}$

• A) 5.3%
• B) 10.0%
• C) 7.1%
• D) 22.0%

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