Question

the table shows a countries consumer price index for March and April 2000
March 2000 148. 6 April 2000
1 5 1.3
which statement correctly describes what happened between these two months
a. there was an increase in the annual rate of inflation
b.there was an increase in the standard of living
c. there was a decrease in real interest rates
d.there was a decrease in the purchasing power of money

Answer 1

Hello friend......

the table shows a countries consumer price index for March and April 2000
March 2000 148. 6 April 2000
1 5 1.3
which statement correctly describes what happened between these two months
a. there was an increase in the annual rate of inflation
b.there was an increase in the standard of living
c. there was a decrease in real interest rates
d.there was a decrease in the purchasing power of money

Answer- a. there was an increase in the annual rate of inflation

Reason- Because the financial year's duration is From 1st April To 31 March

and in this question
CPI March 2000- 148.6 When Financial Year ends.
and
CPI April 2000- 151.3 When a new financial year begins

That's mean there was an increase in the annual rate of inflation.

Thankyou Buddy...

Hope It Helps. :--)