Table 5.5 -Refer to Table 5.5.Consider the Above Values of the Consumer

question 132

Multiple Choice

Table 5.5
-Refer to Table 5.5.Consider the above values of the consumer price index for 2016 and 2017.The inflation rate for 2017 was equal to

• A)215 percent.
• B)21.5 percent.
• C)8.0 percent.
• D)3.9 percent.
• E)2.5 percent.

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Definitions:

Graph

A diagram representing mathematical relationships between variables, typically plotted with an x-axis and a y-axis.

\(f ( x )\)

Denotes a function of x, illustrating the relationship between x and its induced value.

Graph

A visual representation of data or functions on a two-dimensional plane, where the relationship between variables can be visually interpreted.

Function

A relationship involving various inputs and permissible outputs, with the premise that each input is connected to exactly one output.