-Using Table 6

question 15

Multiple Choice

-Using Table 6.1, were there to have been deflation during this time period you would have seen

• A)a slower rate of increase in the CPI.
• B)a stationary CPI.
• C)a more rapid rate of increase in the CPI.
• D)a decrease in the CPI.

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Definitions:

Adjusted Trial Balance

A list of all accounts and their balances after adjusting entries have been made, used as the basis for preparing financial statements.