If the Consumer Price Index Was 100 in the Base

question 188

Multiple Choice

If the consumer price index was 100 in the base year and 106 in the following year,then the inflation rate was

• A)1.06 percent.
• B)6 percent.
• C)10.6 percent.
• D)106 percent.

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Definitions:

Conditional Distribution

The distribution of a random variable subject to the fulfillment of a certain condition or set of conditions.

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Political Science

The study of government, political processes, institutions, and political behavior.