If 2012 is the base year, which of the following is true?
a
Based on the CPI , the average re...
Advanced Placement (AP), 05.03.2021 01:30 cxttiemsp021
If 2012 is the base year, which of the following is true?
a
Based on the CPI , the average real weekly wage rate increased by 10% from 2012 to 2013.
b
The CPI in year 2013 is 110.
c
The inflation rate from 2012 to 2013 is 10%.
d
The CPI in year 2013 is 120.
Answers: 2
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