If 2015 is the base year and the inflation rate between 2015 and 2016 is 5.2%, the price index in 2016 is
A) 52.0.
B) 100.52.
C) 102.50.
D) 105.20.

Name: If 2015 is the base year and the inflation rate between 2015 and 2016 is 5.2%, the price index in 2016 is A) 52.0. B) 100.52. C) 102.50. D) 105.20.
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Quizplus · Accepted Answer

The price index in 2016, with 2015 as the base year and an inflation rate of 5.2%, is calculated as 100 + 5.2 = 105.2. This reflects the percentage change in prices from the base year to the target year.

If 2015 Is the Base Year and the Inflation Rate