The Percentage Change in Any Economic Variable,including the Consumer Price

question 129

Multiple Choice

The percentage change in any economic variable,including the consumer price index (CPI) ,is measured by which equation?

• A) (Period 1 - Period 2 / Period 1) × 100.
• B) (Period 2 - Period 1 / Period 1) × 100.
• C) (Period 2 - Period 1 / Period 2) × 100.
• D) Period 1 - Period 2 / Period 1.
• E) Period 2 - Period 1 / Period 1.

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Definitions:

Endorsers

Individuals or entities that sign the back of a negotiable instrument, such as a check, indicating their approval or transferring ownership.

Promissory Note

A financial instrument that contains a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.

Reasonable Identification

Identification that is deemed sufficient by law or regulation to reliably establish an individual’s identity.

Notification of Dishonor

A formal notice given to the parties involved in a negotiable instrument (like a check or promissory note) indicating that payment has failed or been refused.