Social Studies, 01.11.2019 19:31, bdog2213

What does it mean if the cpi rises from 100 to 105 the next year? a. the economy has experienced 5% inflation; average prices are 5% higher. b. the economy has experienced 5% deflation; average prices are 5% lower. c. the economy has experienced 5% inflation; 5% more goods and services are available. d. the economy has experienced 5% deflation; 5% fewer goods and services are available. submit

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What does it mean if the cpi rises from 100 to 105 the next year? a. the economy has experienced 5%...