Two digit percentage inflation means
MATHEMATICS
POST UTME UNILORIN
Two digit percentage inflation means
- A. less than two decimal places
- B. from 10-99
- C. more than two decimal places
- D. above twenty
Correct Answer: B. from 10-99
Two-digit percentage inflation means that prices for goods and services of a commodities are rising at a rate between 10-99% per year. This shows a significant increase in the cost of living and a decrease in the purchasing of money.
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