Question 12 Table 24-1 The table below lists annual consumer price index and inflati on rates for a country over the period 2005- 2010. Assume the year 2005 is used as the base year. Year Consumer Price Index Inflation Rate 2005 100 2006 115 15% 2007 125 2008 140 D 2009 100% LE 2010 160 60% Refer to Table 24-1. What belongs in space C? Hide answer choices A 120 B 25% 7% D 12% Question 11 0 What basket of goods and services is used to construct t he CPI? Hide answer choices ^ A a random sample of all goods and services producer B the goods and services that are typically bought by C only food, clothing, transportation, entertainment, i the least expensive and the most expensive goods a Question 9 9 0 The nominal interest rate tells you Hide answer choices ^ A how fast the number of dollars in your bank accoun B how fast the purchasing power of your bank accoun C the number of dollars in your bank account today the purchasing power of your bank account today