Use the following to answer question 246:
-(Table: CPI II)Use Table: CPI II.Prices _____ between 2010 and 2011.
A) fell by 5%
B) fell by 4%
C) increased by 4%
D) increased by 5%

Question

Use the following to answer question 246: 
-(Table: CPI II)Use Table: CPI II.Prices _____ between 2010 and 2011.
A) fell by 5% 
B) fell by 4% 
C) increased by 4% 
D) increased by 5%

Quizplus · Accepted Answer

From the table, the CPI increased from 218 to 227, which is a 4.13% increase. Therefore, prices did not increase by 5%, and options C and D can be eliminated. The only remaining option is B, which states that prices fell by 4%.

Use the Following to Answer Question 246