-The Table Above Has Information About the CPI,nominal Wage Rate,and

question 79

Multiple Choice

-The table above has information about the CPI,nominal wage rate,and nominal interest rate for the country of Syldavia for the years 2010 to 2012.The reference base year is 2011.The inflation rate in Syldavia from 2011 to 2012 was

• A)8.0 percent.
• B)8.4 percent.
• C)3.0 percent.
• D)4.0 percent.
• E)10.3 percent.