Suppose That the Consumer Price Index of a Country Was

question 139

Multiple Choice

Suppose that the consumer price index of a country was 160 at year-end 2007 and 168 at the end of 2008. What was the country's inflation rate during 2008?

• A) 5 percent
• B) 8 percent
• C) 60 percent
• D) 68 percent

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