contestada

If 2010 is the base year, then the inflation rate in 2015 equals a. [(CPI in 2015 - CPI in 2014) / CPI in 2010] x 100 b. [(CPI in 2015 - CPI in 2010) / CPI in 2010] x 100 c. [(CPI in 2015 - CPI in 2014) / CPI in 2014] x 100 d. [(CPI in 2015 - CPI in 2010) / CPI in 2014] x 100

Respuesta :

If 2015 is the base year, the inflation rate is [(CPI in 2015 - CPI in 2010) / CPI in 2010] x 100 .

What is the consumer price index?

The consumer price index is a measure of inflation. Inflation is the rise in general price levels in an economy.

CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100

Inflation rate = (CPI in current year - CPI in base year) /  CPI in base year x 100

To learn more about, consumer price index, please check: https://brainly.com/question/26382640

Otras preguntas