At an Annual Inflation Rate of 5

question 155

Multiple Choice

At an annual inflation rate of 5.5%, how long will it take the Consumer Price Index (CPI) to double?

• A) 12.63 year(s)
• B) 12.95 year(s)
• C) 12.78 year(s)
• D) 12.69 year(s)

---

Definitions:

Print Preview

A function in many software applications that shows users how a document or image will look when printed, allowing for adjustments before final printing.

Date Control

A feature or tool used in software applications for managing date input by users.

Report Layout View

A feature in report-generating software that allows users to see and edit the layout and format of a report while viewing the data as it will appear in the final output.

Standard Format

A recognized or widely accepted arrangement or structure for data, text, files, etc., ensuring compatibility and interoperability.