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    Exam 7: Inflation and the Measurement of Prices
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    In Year 1 the Consumer Price Index Was 125 and 131
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In Year 1 the Consumer Price Index Was 125 and 131

Question 28

Question 28

Multiple Choice

In year 1 the Consumer Price Index was 125 and 131 in the next year.What is the rate of inflation?


A) 4.5
B) 4.8%
C) 6%
D) 6.3%

Correct Answer:

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