If the Price Index in Year 1 Is 146 and in Year

question 104

Multiple Choice

If the price index in year 1 is 146 and in year 2 is 163, the rate of inflation between year 1 and year 2 is:

• A)8.2%.
• B)10.43%.
• C)11.64%.
• D)17.0%.

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Definitions:

Extranet

A network that connects parts of the intranets of different organizations.

Portal And Exchange

A digital platform that facilitates the exchange of information, goods, or services, acting as a gateway for users to access various resources or markets.

Production Runs

The process of manufacturing a certain quantity of products in a continuous sequence without interruptions.

Short Turnaround

The quick completion or response time between initiating a process and its completion, often used in reference to projects or delivery of services.