If 2011 Is the Base Year and the Inflation Rate

question 149

Multiple Choice

If 2011 is the base year and the inflation rate between 2011 and 2012 is -4.5,the price index in 2012 is

• A)104.5.
• B)95.5.
• C)-145.0.
• D)cannot be determined from this information because the base year is not known

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