If the consumer price index in Year 1 was 200 and the CPI for Year 2 was 230, the rate of inflation was:
a. 15 percent.
b. 7.5 percent.
c. 30 percent.
d. 230 percent.
a
Economics
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The table above shows the exchange rates between various currencies and the U.S. dollar. Between 2015 and 2016, the Euro ________ against the U.S. dollar, the Japanese yen ________ against the U.S
dollar and the Canadian dollar ________ against the U.S. dollar A) depreciated, depreciated, depreciated B) appreciated, depreciated, appreciated C) appreciated, appreciated, appreciated D) depreciated, depreciated, appreciated
Economics
What is the economic problem? How does a command economy solve the economic problem?
What will be an ideal response?
Economics