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If the CPI Was 160 in 2008 and 40 in 2005

Question 150

Multiple Choice

If the CPI was 160 in 2008 and 40 in 2005, the cost of living was:


A) 4 times higher in 2008 than in 2005.
B) 25 percent higher in 2008 than in 2005.
C) constant over the period.
D) 4 times lower in 2008 than in 2005

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