Answered: If the CPI in period 1 is 125 and the…

If the CPI in period 1 is 125 and the CPI in period 2 is 150, then the rate of inflation between period 1 and period 2 is 30%. 50%. 20%. 25%.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

If the CPI in period 1 is 125 and the CPI in period 2 is
150, then the rate of inflation between period 1 and
period 2 is
30%.
50%.
20%.
25%.

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