Labor productivity is measured by dividing Gross Domestic Product (GDP) by population

A rise in the U.S. price level brings a ________ in the price of U.S. exports relative to imports that ________ exports of U.S. goods, bringing ________ in the quantity of U.S. real GDP demanded

A) fall; increases; an increase B) rise; decreases; a decrease C) fall; decreases; a decrease D) rise; increases; a decrease E) rise; increases; an increase

If the consumer price index changes from 125 in September to 150 in October, what is the rate of inflation?

a. 45.5% b. 20.0% c. 16.7% d. 9.1%