If the price level is 100 in 2000 and 105 in 2001, the inflation rate is
A. 105%.
B. 100%.
C. 50%.
D. 5%.
Answer:D
If the price level is 100 in 2000 and 105 in 2001, the inflation rate is
A. 105%. B. 100%. C. 50%. D. 5%.