Multiple Choice
![-Using the notation Pt to designate this period's price level and Pt?? to designate last period's price level, the formula for measuring the inflation rate from last period to this period is
A) [(Pt - Pt ? ?) / Pt] × 100.
B) [(Pt ?? - Pt) / Pt ? ?] × 100.
C) [(Pt - Pt ? ?) / Pt ? ?] × 100.
D) [(Pt ?? - Pt) / Pt] × 100.](https://scanned-questions.quizplus.com/384539.webp)
![-Using the notation Pt to designate this period's price level and Pt?? to designate last period's price level, the formula for measuring the inflation rate from last period to this period is A) [(Pt - Pt ? ?) / Pt] × 100. B) [(Pt ?? - Pt) / Pt ? ?] × 100. C) [(Pt - Pt ? ?) / Pt ? ?] × 100. D) [(Pt ?? - Pt) / Pt] × 100.](https://d2lvgg3v3hfg70.cloudfront.net/TB3035/11ea1607_da60_2f43_ba9d_6b88a0e11138_TB3035_00_TB3035_00_TB3035_00_TB3035_00_TB3035_00_TB3035_00_TB3035_00_TB3035_00_TB3035_00_TB3035_00.jpg)
-Using the notation Pt to designate this period's price level and Pt?? to designate last period's price level, the formula for measuring the inflation rate from last period to this period is
A) [(Pt - Pt ? ?) / Pt] × 100.
B) [(Pt ?? - Pt) / Pt ? ?] × 100.
C) [(Pt - Pt ? ?) / Pt ? ?] × 100.
D) [(Pt ?? - Pt) / Pt] × 100.
Correct Answer:
Verified
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