If this yearʹs price level is 126 and last yearʹs price level was 120, the inflation rate is ________.
A. 0.95 percent a year
B. 5 percent a year
C. 6 percent a year
D. 1.05 percent a year
Answer:B
If this yearʹs price level is 126 and last yearʹs price level was 120, the inflation rate is ________.
A. 0.95 percent a year B. 5 percent a year C. 6 percent a year D. 1.05 percent a year