Respuesta :
The inflation rate between any two years is calculated as a) the percentage change in the CPI from one year to the next, c) (CPI in year 2 - CPI in year 1) / CPI in year 1 X 100 and d) (CPI in year 2 - CPI in the base year) / CPI in the base year X 100.
The change in the prices of a basket of goods and services that are frequently purchased by particular groups of households is referred to as inflation as measured by the consumer price index (CPI).
With a split for food, energy, and the total excluding food and energy, inflation is calculated as the yearly growth rate and in indexes using 2015 as the base year. The degradation of living standards is quantified by inflation.
A consumer price index is calculated as a set of summary measures of the proportional change in prices from one period to the next for a fixed set of consumer products and services that the reference population purchases, uses, or pays for.
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Correct question:
The inflation rate between any two years is calculated as (choose all that apply)
a) the percentage change in the CPI from one year to the next.
b) (CPI in year 2 - CPI in year 1) / CPI in the base year X 100.
c) (CPI in year 2 - CPI in year 1) / CPI in year 1 X 100.
d) (CPI in year 2 - CPI in the base year) / CPI in the base year X 100.
