The Following Table Shows the Value of CPI for Three

question 119

Multiple Choice

The following table shows the value of CPI for three years in a country. Which of the following is the annual inflation rate for 2005?

• A) 1.46%
• B) 3.36%
• C) 4.87%
• D) 1.8%

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Definitions:

More Than One Year

Typically refers to obligations or assets that have a life or duration longer than one year from the current date.

Agency Terminates

The conclusion or end of an agency relationship between a principal and agent, which can occur through mutual agreement, completion of the task, or by other legal means.

Disclose Information

The act of making information known or revealed, often in a formal or official capacity.

Subjective Test

A method of assessment where outcomes are influenced by the perspectives, interpretations, or judgments of the evaluator.