If the price index in 2017 is 132 and the price index in 2018 is 114, the rate of inflation between 2017 and 2018 is    -5.8%            15.8%            6.4%            -13.6%

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter8: Economic Fluctuations, Unemployment, And Inflation
Section: Chapter Questions
Problem 12CQ
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If the price index in 2017 is 132 and the price index in 2018 is 114, the rate of inflation between 2017 and 2018 is
  
-5.8%
 
 
 
 
  
15.8%
 
 
 
 
  
6.4%
 
 
 
 
  
-13.6%
 
 
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