Neco 2018 Economics Question 40
Practice objective / multiple choice question 40 from the 2018 Neco Economics examination.
The Consumer Price Index (CPI) was 120 in 2015 and 144 in 2018. Using the CPI values, calculate the average annual inflation rate between 2015 and 2018. Express your answer as a percentage to two decimal places.
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About This Question
This is Neco 2018 Economics Question 40. It is one of the objective questions from the 2018 Neco Economics examination.
Difficulty level: Medium .
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