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If the CPI Falls from 142 to 140 Between Two

question 178

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If the CPI falls from 142 to 140 between two consecutive years,this implies that prices fell by 2% between those two years.


Definitions:

Credit Periods

The timeframe given by a seller to the buyer to pay for the goods or services received, usually measured in days.

Terms Of Sale

The conditions under which a sale is conducted, detailing payment terms, delivery times, warranties, and prices.

Product Perishability

Indicates how quickly a product will lose its value if not sold or consumed within a short period.

Credit Periods

The duration of time allowed by a seller for a buyer to pay for a product or service after the sale has been made, usually expressed in days.

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