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4. Consider the following data for Country Y. 2014 2015 2016 2017 Consumer Price Index (CPI) 100 103 105 104 Based on the information above,

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4. Consider the following data for Country Y. 2014 2015 2016 2017 Consumer Price Index (CPI) 100 103 105 104 Based on the information above, which one of the following statements is not true? A. The country experienced inflation in 2015. B. The country experienced deflation between 2016 and 2017. C. Over the four-year period, the general level of prices rose. D. None of the above

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