If the current year's consumer price index is 214 and last year's was 209,then the rate of inflation is:
A) 2.4%.
B) 5%.
C) 3%.
D) 2.8%.
Correct Answer:
Verified
Q54: GDP is $10 trillion in 2001.The GDP
Q58: Nominal GDP in 2006 was $13,458.2 billion.The
Q58: The current consumer price index is
A) a
Q61: An economy has a population of 226,500.Of
Q62: In 2012,the group with the LOWEST unemployment
Q63: Suppose that anticipated inflation is 4% for
Q75: Prices from about _ goods and services
Q77: Which of the following is NOT generally
Q107: In 2012, the group with the highest
Q160: The GDP deflator shows that since the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents