Which of the Following Formulas Is Used to Calculate the Inflation

question 89

Multiple Choice

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

• A)inflation rate = 100 × \(\left( \frac { \text { CPI in currentyear } } { \text { CPI in base period } } \right)\)
• B)inflation rate = 100 × \(\left( \frac { \text { CPI in previousyear } } { \text { CPI in current year } } \right)\)
• C)Inflation rate = 100 ×
• D)Inflation rate = 100 ×
• E)inflation rate = 100 × \(\left( \frac { \text { CPI in base year } } { \text { CPI in currentyear } } \right)\)