*If the price index moves from 107 to 110, the rate of inflation is:
A. 3%
B. 30%
C. 28%
D. 2.8%
Answer:D
*If the price index moves from 107 to 110, the rate of inflation is:
A. 3% B. 30% C. 28% D. 2.8%
Explanation: Type: Multiple Choice