If the CPI Was 128 at the End of 2013

question 16

Multiple Choice

If the CPI was 128 at the end of 2013 and 136 and the end of 2014, what was the inflation rate in 2014?

• A)4.2 percent
• B)5.9 percent
• C)6.25 percent
• D)8 percent
• E)9.4 percent

---

Definitions:

Hypothetical Proposition

A statement that posits a conditional scenario, typically expressed in the form "if-then."

Consequent

The outcome of a conditional statement, coming after the "if" clause.

Disjunctive Premise

A logical statement composed of two or more propositions joined by the word "or," indicating alternatives.

Conclusion

The final statement in a logical argument or reasoning process, derived from the premises.