f the Consumer Price Index was 155 in one year and 165 in the next year, then the rate of inflation from one year to the next was approximately: Group of answer choices 6.5% -6.5% 6.1% 10%
f the Consumer Price Index was 155 in one year and 165 in the next year, then the rate of inflation from one year to the next was approximately: Group of answer choices 6.5% -6.5% 6.1% 10%
Chapter17: Inflation
Section: Chapter Questions
Problem 5SQ
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Question
If the Consumer Price Index was 155 in one year and 165 in the next year, then the rate of inflation from one year to the next was approximately:
Group of answer choices
6.5%
-6.5%
6.1%
10%
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