If the CPI was 122.3 at the end of last year and 124.5 at the end of this year, the inflation rate over these two years was
A) 1.8 percent.
B) 2.5 percent.
C) 22.5 percent.
D) 18.0 percent.
A
Economics
You might also like to view...
The Federal Reserve System is the central bank of the United States
Indicate whether the statement is true or false
Economics
If the MPC is 0.6, then a 50-unit rise in taxes and a 50-unit rise in government spending will shift the IS curve
a. to the right by 50 units. b. to the right by 75 units. c. to the left by 125 units. d. to the left by 75 units.
Economics