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The table on the right shows four major price indices of the US economy the Consumer Price Index (CPD, the Producer Price Index (PPL), the

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The table on the right shows four major price indices of the US economy the Consumer Price Index (CPD, the Producer Price Index (PPL), the Personal Consumption Expenditure Index (PCE) and the GDP deflator Selected Price Indices All four indices are used to measure intation opp Deflator Year CPI PPI PCE Based on the data from the four indices in the table, which price index 1995 88 49 94 suggests the highest rate of miation between the years 1998 and 1989? 1896 91 09 83 85 O A. The CNY indicating the highest inflation rate (1 67%) 1997 93 20 98 14 95 12 98.41 1998 9468 93 73 98 47 O B. The OFY indicating the highest inflation rate (219%) 1989 97 88 97 87 O G. The GDP indicating the Ivghest Inflation rate (1 45%%) 2000 100 0 180 0 100 0 100 0 2001 102 83 109 09 109 4 O D. The PPV indicating the Avghest infation rate (1 69%) 2002 104 46 98 79 103 54 104 09 2003 108.83 104 07 105 82 106 2004 109 68 108 24 Data source: The sowes for the PCE is the Bureau of Foowork Analysis: all other midices were obtained from the Iterativel Financial Statistics (#f S), the CD ROM Electronic Database of the International Monetary Fund ()

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