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1.Assuming that in 2009,the cpi was 124 and that in 2010 ,it was 13.7.What was the rate of inflation over this period? a.5.1% b.5.4% c.6.7%
1.Assuming that in 2009,the cpi was 124 and that in 2010 ,it was 13.7.What was the rate of inflation over this period?
a.5.1%
b.5.4%
c.6.7%
d. you cannot tell without knowing the base year.
2.Inflation can be measured by All of the following Except
a,gdp deflator
b.consumer price index
c.producer price index
d.finished goods price index
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