Use the following to answer questions: 
-(Table: The Consumer Price Index) Use Table: The Consumer Price Index.The approximate rate of inflation in year 2 is:
Definitions:
Highly Inelastic
Describes a situation where the quantity demanded or supplied changes very little in response to changes in price.
Antiques
Objects of considerable age valued for their aesthetic or historical significance.
Percentage Change
A mathematical calculation that indicates the degree of change over time, expressed as a percentage representing increase or decrease.
Quantity Demanded
The total amount of a good or service that consumers are willing to purchase at a given price.
Q9: Which question is the MOST appropriate to
Q15: (Figure: Domestic Market for Digital Cameras)Use Figure:
Q15: One role of government policy is to:<br>A)
Q51: (Figure: The Domestic Market for Rice)Use Figure:
Q102: (Figure: The Production Possibility Frontiers for Jackson
Q146: Unemployment rates are usually HIGHEST for:<br>A) Quebec.<br>B)
Q230: Goods that are produced in a particular
Q233: The inflation rate for the current year
Q287: The consumer price index measures the cost
Q290: Radhika just graduated from university.She recently quit