Assume the Average Annual CPI Values for 2010 and 2011

question 83

Multiple Choice

Assume the average annual CPI values for 2010 and 2011 were 207.3 and 215.3,respectively.What was the percent increase in the CPI between these two years?

• A) 0.96
• B) 1.04
• C) 3.86
• D) 8.0

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Definitions:

Small Farmers

Individuals or families owning and operating relatively small parcels of land, primarily engaged in subsistence farming or limited cash crop production.

South African Politics

The political scene and activities within South Africa, characterized by its transition from apartheid to a democratic system.

Apartheid

A system of institutionalized racial segregation and discrimination in South Africa between 1948 and the early 1990s.