If the CPI Was 228 at the End of 2013

question 1

Multiple Choice

If the CPI was 228 at the end of 2013 and 236 at the end of 2014, what was the inflation rate in 2014?

• A)8 percent
• B)236 percent
• C)3.5 percent
• D)3.4 percent
• E)4 percent

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Definitions:

Breach of Duty

The failure to meet a standard of care or conduct that is expected in a given circumstance, leading to legal liability.

Subpoena Duces Tecum

A legal document ordering an individual to appear in court with specified documents or evidence.

Malfeasance

The performance of an act by a public official that is legally unjustified, harmful, or contrary to law; wrongdoing (used especially of an act in violation of a public trust).

Res Ipsa Loquitur

A legal doctrine that allows an inference of negligence to be drawn from the mere occurrence of certain types of accidents, without specific evidence of an act of negligence.