When the Consumer Price Index Increases from 100 to 120

question 116

Multiple Choice

When the Consumer Price Index increases from 100 to 120

• A)more money is needed to buy the same amount of goods,so the value of money falls.
• B)more money is needed to buy the same amount of goods,so the value of money rises.
• C)less money is needed to buy the same amount of goods,so the value of money falls.
• D)less money is needed to buy the same amount of goods,so the value of money rises.

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