Which of the Following Formulas Is Used to Calculate the Inflation

question 101

Multiple Choice

Which of the following formulas is used to calculate the inflation rate?

• A) inflation rate = 100 × \(\left( \frac { \text { CPI in current year } } { \text { CPI in baseperiod } } \right)\)
• B) inflation rate = 100 × \(\left( \frac { \text { CPI in prev ious year } } { \text { CPI in current year } } \right)\)
• C) Inflation rate = 100 × \(\left( \frac { \text { CPI in current year - CPI in prev ious year } } { \text { CPI in previous year } } \right)\)
• D) Inflation rate = 100 × \(\left( \frac { \text { CPI in previous year - CPI in current year } } { \text { CPI in current year } } \right)\)
• E) inflation rate = 100 × \(\left( \frac { \text { CPI in base year } } { \text { CPI in current year } } \right)\)

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Definitions:

Aggressive Behavior

Actions or attitudes that are hostile, destructive, or violent, which may harm or intend to harm another individual or entity.

Fixed Interval

A schedule of reinforcement where the first response is rewarded only after a specified amount of time has passed, used in behavioral psychology.

Fixed Ratio

A schedule of reinforcement where a response is reinforced only after a specified number of responses, often used in learning and conditioning processes.

Creative Intelligence

The ability to produce new products, ideas, or innovative solutions to problems.