Suppose That the Chain-Weighted Index for GDP in Gambia Was

question 65

Multiple Choice

Suppose that the chain-weighted index for GDP in Gambia was 275 in 2015 and 350 in 2016. The inflation rate between those two years was approximately

• A) 20.2 percent.
• B) 27.3 percent.
• C) 37.5 percent.
• D) 75 percent.

---

Definitions:

Capital Gain

The profit from the sale of assets or investments when the sale price exceeds the purchase price.

Geometric Average Return

The average rate of return of an investment calculated by multiplying n variables and then taking the n-th root.

Dividends

Profits distributed by a corporation to its members, typically in the form of payments.

Expected Rate Of Return

The anticipated amount of profit or loss an investment generates, based on historical or estimated performances.