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If the CPI Was 140 at the End of 2016

Question 111

Multiple Choice

If the CPI was 140 at the end of 2016 and 150 at the end of 2017, what was the inflation rate in 2017?

A) 7.14 percent
B) 10 percent
C) 8 percent
D) 6.25 percent
E) 6.67 percent

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