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If the CPI Was 95 at the End of 2011

Question 103

Multiple Choice

If the CPI was 95 at the end of 2011 and 105 at the end of 2012,what was the inflation rate in 2012?

A) 10 percent
B) 105 percent
C) 9.5 percent
D) 5 percent
E) 10.5 percent

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