If the Consumer Price Index Was 100 in the Base

question 281

Multiple Choice

If the consumer price index was 100 in the base year and 107 in the following year, then the inflation rate was

• A)1.07 percent.
• B)7 percent.
• C)10.7 percent.
• D)107 percent.

---

Definitions:

Elite Democrats

This term could suggest members of the Democratic Party who hold significant power, influence, or status, either socially or within the party hierarchy.

Popular Democrats

Refers to a political ideology or group that emphasizes policies and practices which are believed to represent the will and interests of the general population.

Structural Inequality

Systemic disparities in wealth, income, opportunities, and power among different social, ethnic, or other demographic groups.