The table below shows the price index for Zimbabwe starting in 2000. www.econstats.com
The data show that
A) the inflation rate between the base year and 2001 is 73.4 percent.
B) new goods bias and quality change bias are responsible for most of Zimbabwe's inflation.
C) the inflation rate between 2005 and 2006 was 319.2 percent.
D) while Zimbabwe experienced a high price level, it did not experience high inflation.

Question

The table below shows the price index for Zimbabwe starting in 2000.  www.econstats.com
The data show that
A) the inflation rate between the base year and 2001 is 73.4 percent. 
B) new goods bias and quality change bias are responsible for most of Zimbabwe's inflation. 
C) the inflation rate between 2005 and 2006 was 319.2 percent. 
D) while Zimbabwe experienced a high price level, it did not experience high inflation.

Quizplus · Accepted Answer

The Answer of The table below shows the price index for Zimbabwe starting in 2000.  www.econstats.com
The data show that
A) the inflation rate between the base year and 2001 is 73.4 percent. 
B) new goods bias and quality change bias are responsible for most of Zimbabwe's inflation. 
C) the inflation rate between 2005 and 2006 was 319.2 percent. 
D) while Zimbabwe experienced a high price level, it did not experience high inflation.

The Table Below Shows the Price Index for Zimbabwe Starting