If the cpi was 110 last year and is 121 this year, what is this year’s rate of inflation? in contrast, suppose that the cpi was 110 last year and is 108 this year. what is this year’s rate of inflation? what term do economists use to describe this second outcome?

Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.