delta.op.007
New member
The figures below show a country’s consumer price index for March and April 2000.
March 2000 148.6
April 2000 151.3
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.
I know the answer is D but why can't it be C?
March 2000 148.6
April 2000 151.3
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.
I know the answer is D but why can't it be C?