In which of the following cases was the inflation rate 12 percent over the last year?
A) One year ago the price index had a value of 110 and now it has a value of 120.
B) One year ago the price index had a value of 120 and now it has a value of 132.
C) One year ago the price index had a value of 134 and now it has a value of 150.
D) One year ago the price index had a value of 145 and now it has a value of 163.
Correct Answer:
Verified
Q2: Inflation can be measured by the
A)change in
Q3: Which of the following is correct?
A)A period
Q4: Inflation can be measured by the
A)change in
Q5: Which of the following statements about U.S.inflation
Q6: In the last part of the 1800's
A)deflation
Q8: Over the past 80 years,the overall price
Q9: Deflation
A)increases incomes and enhances the ability of
Q10: If the price level increased from 120
Q11: Over the past 80 years,prices in the
Q12: The term hyperinflation refers to
A)the spread of
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