• 2022-06-12
    In which of the following cases was the inflation rate 12 percent over the last year?
    A: One year ago the price index had a value of 110 and now it has a value of 120.
    B: One year ago the price index had a value of 120 and now it has a value of 132.
    C: One year ago the price index had a value of 134 and now it has a value of 150.
    D: One year ago the price index had a value of 145 and now it has a value of 163.