If the CPI in year 2 equals 110 and the CPI in year 3 equals 121, it can be concluded that consumer prices:
A. rose from year 2 to year 3 by 21 percent.
B. rose from year 2 to year 3 by 10 percent.
C. are the same in year 2 as in the base year.
D. rose from year 2 to year 3 by 11 percent.
Answer: B
Economics
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Critics of stabilization policy argue that monetary and fiscal policies affect the economy with _____
Fill in the blank(s) with correct word
Economics