The Following Table Shows the Value of CPI for Three

question 72

Multiple Choice

The following table shows the value of CPI for three years in a country. Which of the following is the annual inflation rate for 2004?

• A) 4%
• B) 1.46%
• C) 3.36%
• D) 4.87%

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Definitions:

Other Expenses

Costs not directly related to the core operations of a business, such as interest payments or losses from selling assets.

Food And Supplies

Items necessary for the preparation and service of food in industries such as catering or restaurants.

Net Operating Income

It is the total profit of a company after operating expenses are subtracted from total revenue but before interest and taxes are deducted.

Wages And Salaries

The compensation, including regular payments and benefits, paid to employees for their work or services.