T6 KCT 6 (Tutorial)
The previous CPI figure was 2% and the latest update of CPI shows an decrease of 75 basis points from the previous figure. Which of the following statements are FALSE ? Ignore all other factors. (select all correct answers only, selecting an incorrect answer will result in a mark penalty. Selecting all available options will result in the offset of correct and incorrect answers that totals 0 marks.)

Question

T6 KCT 6 (Tutorial) 
 The previous CPI figure was 2% and the latest update of CPI shows an decrease of 75 basis points from the previous figure. Which of the following statements are  FALSE ? Ignore all other factors. (select all correct answers only, selecting an incorrect answer will result in a mark penalty. Selecting all available options will result in the offset of correct and incorrect answers that totals 0 marks.)

Answer

Consumers are suffering from rising prices of goods and services.

Answer

Consumers are enjoying falling prices of goods and services

Answer

Prices are rising, but not as much as before.

Answer

Prices are rising faster than before.

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T6 KCT 6 (Tutorial) The previous CPI figure was 2% and the latest update of CP...

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