At the End of Last Year the Consumer Price Index

question 25

Multiple Choice

At the end of last year the Consumer Price Index was equal to 163.8 and at the end of this year it was equal to 157.5.What is the inflation rate over this time period?

• A) 6.3 percent
• B) 4.0 percent
• C) 3.85 percent
• D) 10.1 percent

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Definitions:

Consciousness

Everything of which we are aware at any given time-our thoughts, feelings, sensations, and perceptions of the external environment.

Memory

The process of encoding, storage, and retrieval of information.

Identity

The fact of being who or what a person or thing is; a close understanding and recognition of one's own character, values, and attributes.

Bipolar Disorder

A mental illness characterized by extreme mood swings, including manic and depressive episodes.