Which of the Following Pairs of Values of the Consumer

question 164

Multiple Choice

Which of the following pairs of values of the consumer price index (CPI) is consistent with an inflation rate of 10 percent for 2014?

• A)CPI in 2014 = 90;CPI in 2015 = 100
• B)CPI in 2014 = 102;CPI in 2015 = 112
• C)CPI in 2013 = 210;CPI in 2014 = 220
• D)CPI in 2013 = 210;CPI in 2014 = 231

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Definitions:

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