Suppose that the CPI in Thailand was 345 in 2015 and 388 in 2016. The inflation rate between those two years was approximately
A) 11.2 percent. B) 14.3 percent. C) 12.5 percent. D) 43 percent.
C
Economics
You might also like to view...
Suppose that during 2009, the actual real GDP of Chile was 3.5 billion pesos at the same time the potential GDP was 3.4 billion pesos. What sort of equilibrium existed in Chile?
What will be an ideal response?
Economics
Along a linear demand curve, price elasticity of demand is: a. constant
b. more elastic to the northwest than to the southeast. c. less elastic to the northwest than to the southeast. d. always equal to one.
Economics