41. Year CPI Inflation rate 2004 100 2005 125 A 2006 175 B What is the inflation rate for year 2005 BOX A ? O a. 20% O b. 25% O c. 40% O d. 30%

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter22: Inflation
Section: Chapter Questions
Problem 3SCQ: Compute the inflation rate for fruit prices from 2001 to 2004.
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This multiple choice question from MACROECONOMICS course. just write for me the final answer.

25
41.
Year
CPI
Inflation rate
2004
100
2005
125
A
2006
175
B
What is the inflation rate for year 2005 BOX A ?
a. 20%
O b. 25%
D c. 40%
O d. 30%
Transcribed Image Text:25 41. Year CPI Inflation rate 2004 100 2005 125 A 2006 175 B What is the inflation rate for year 2005 BOX A ? a. 20% O b. 25% D c. 40% O d. 30%
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