If the Consumer Price Index for 2010 Was 160

question 404

Multiple Choice

If the consumer price index for 2010 was 160.6 and for 2011 was 163.1, what was the inflation rate between the two years?

• A)0.25%
• B)1.56%
• C)2.59%
• D)5%

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Definitions:

Jimmy Carter

The 39th President of the United States, serving from 1977 to 1981, known for his significant contributions to human rights and diplomacy.

Future of Limits

Pertains to the potential boundaries and constraints that might shape future developments in various fields.

Ronald Reagan

The 40th President of the United States, serving from 1981 to 1989, noted for his conservative policies and role in ending the Cold War.

Gerald Ford

The 38th President of the United States, who assumed office following the resignation of Richard Nixon and is known for his efforts to heal the nation post-Watergate scandal.