The Price Index Is 320 in One Year and 360

question 133

Multiple Choice

The price index is 320 in one year and 360 in the next year.What was the inflation rate?

• A)6.7 percent
• B)8 percent
• C)12.5 percent
• D)40 percent

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Definitions:

Organizational Hierarchy

A structured arrangement in organizations that ranks positions from highest to lowest, based on authority and responsibility.

Participative Teams

Groups that engage all members in decision-making processes, fostering a sense of ownership and collaboration.

Parallel Learning Structure

A system within an organization that operates alongside the formal organizational structure, designed to facilitate learning and innovation without disrupting the main workflow.

Appreciative Inquiry

A management approach that focuses on identifying and building on an organization's strengths and successes to improve performance.