Inflation Can Be Measured by the

question 11

Multiple Choice

Inflation can be measured by the

• A)change in the consumer price index.Inflation in the U.S.has averaged about 2.5% over the last 80 years.
• B)change in the consumer price index.Inflation in the U.S.has averaged about 4% over the last 80 years.
• C)percentage change in the consumer price index.Inflation in the U.S.has averaged about 3.6% over the last 80 years.
• D)percentage change in the consumer price index.Inflation in the U.S.has averaged about 4% over the last 80 years.

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Definitions:

Mail

The system of transporting documents and other small packages through an organization dedicated to this task, traditionally utilizing physical delivery but also electronic means.

Revocation

The act of withdrawing, cancelling, or annulling something previously granted, such as a contract, offer, or license.

Offer

A proposal made with the intent that, if accepted, it will become a legally binding agreement.

Revocation

The act of officially canceling or withdrawing something, such as a law, right, or offer.