If the CPI was 50 in 1974 and 55 in 1975, then the inflation rate in 1975 was
A) -9%
B) 5%
C) 10%
D) 55%
Answer: C
If the CPI was 50 in 1974 and 55 in 1975, then the inflation rate in 1975 was
A) -9%
B) 5%
C) 10%
D) 55%
Answer: C
NAIMMCQ
Money and Banking
If the CPI was 50 in 1974 and 55 in 1975, then the inflation rate in 1975 was