Suppose You Are Given the Following Annual Deflator Information for the US

question 10

Multiple Choice

Suppose you are given the following annual deflator information for the US (https://fred.stlouisfed.org) . Using the information from the table the rate of inflation from 2012 to 2013 was:

• A) 3%
• B) 2%
• C) 1.9%
• D) 1.7%

---

Definitions:

Purchasing Patterns

The behavior and habits of consumers when buying goods and services.

Statistical Links

Relationships or associations between two or more variables, which are typically explored and confirmed through statistical methods and analysis.

Sensitivity Analysis

A technique used to determine how different values of an independent variable affect a particular dependent variable under a given set of assumptions.

Marketing Databases

Collections of data and information regarding customers, potential customers, market trends, and competitor analysis, used to inform marketing strategies and campaigns.