Suppose that a price index in Paraguay was 131 in 2015 and 152 in 2016. The inflation rate between those two years was approximately

A) 10.5 percent. B) 11.6 percent. C) 16 percent. D) 21 percent.

C

Economics

You might also like to view...

Which of the following is a macroeconomic question?

A) Why did a leading computer manufacturer establish call centers in India? B) Should the government put a tax on alcohol in an attempt to assist in the funding of support groups like Alcoholics Anonymous? C) Should we have a constitutional amendment requiring the government to implement a national consumption tax to replace the current income tax? D) Why does a pharmaceutical manufacturer try to lower its production costs?

Economics

One feature of the volunteer's dilemma is that as the group gets larger, individuals in the group are less likely to volunteer

Indicate whether the statement is true or false

Economics