Suppose a Report from the Bureau of Labor Statistics States

question 99

Multiple Choice

Suppose a report from the Bureau of Labor Statistics states that the CPI for the year 2012 was 152.What is the percentage point increase in the prices of the goods and services since the reference base period?

• A)152 percent
• B)52 percent
• C)100 percent
• D)48 percent
• E)252 percent

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Definitions:

Investment Strategy

A set of rules, behaviors, or procedures designed to guide an investor's selection of an investment portfolio.

Market Prices

Market Prices refer to the current price at which an asset or service can be bought or sold in a particular market.

Securities

Financial instruments that represent an ownership position in a publicly-traded corporation or a creditor relationship with a government or corporation.

Perpetuity

An annuity that pays a constant stream of cash flows indefinitely.