If the Consumer Price Index Is 100 in 2010 and Is

question 23

Multiple Choice

If the consumer price index is 100 in 2010 and is 120 in 2012,then the rate of inflation between 2010 and 2012 is

• A)10%
• B)20%
• C)15%
• D)5%
• E)Unable to be calculated without further information

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