If the Price Index in 2015 Is 115 and the Price

question 196

Multiple Choice

If the price index in 2015 is 115 and the price index in 2016 is 102, the rate of inflation between 2015 and 2016 is

• A) 13.0%.
• B) 12.7%.
• C) -11.3%.
• D) -13.0%.

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