Suppose that the CPI in a country increases from 160 to 176 over a period of a
Question:
a. 0.10%.
b. 1.10%.
c. 10%.
d. 16%
2. If the CPI is 100 in year 1, 110 in year 2, 120 in year 3 and 130 in year4, then:
a. inflation is falling.
b. inflation is constant.
c. inflation is rising.
d. inflation is zero.
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1 CPI in a country was 160 after a period of one year it reach to 176 CPI stand...View the full answer
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Related Book For 
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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