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 A) 20%. B) 25%. C) 30%. D) 50%

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter17: Inflation

Section: Chapter Questions

Problem 5SQ

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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
A) 20%.
B) 25%.
C) 30%.
D) 50%

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