Table 13-9
$$\begin{array} { | c | c | }
\hline \text { Year } & \begin{array} { c }
\text { CPI } \
( \mathbf { 1 9 8 2 } - \mathbf { 1 9 8 4 } = \mathbf { 1 0 0 } )
\end{array} \
\hline 2012 & 100 \
\hline 2013 & 113 \
\hline
\end{array}$$
-Refer to Table 13-9.Suppose that the data in the table above reflect the price levels in the economy.Given that data,we can say that the cost of living rose by ________ between 2012 and 2013?
A)2%
B)5%
C)8%
D)11%
E)13%

Question

Table 13-9
 $$\begin{array} { | c | c | } 
\hline \text { Year } & \begin{array} { c } 
\text { CPI } \
( \mathbf { 1 9 8 2 } - \mathbf { 1 9 8 4 } = \mathbf { 1 0 0 } )
\end{array} \
\hline 2012 & 100 \
\hline 2013 & 113 \
\hline
\end{array}$$
-Refer to Table 13-9.Suppose that the data in the table above reflect the price levels in the economy.Given that data,we can say that the cost of living rose by ________ between 2012 and 2013?
A)2%
B)5%
C)8%
D)11%
E)13%

Quizplus · Accepted Answer

The CPI increased from 100 in 2012 to 113 in 2013, which is a 13% increase in the cost of living.

Table 13-9 -Refer to Table 13-9