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    Modern Principles of Economics
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    Exam 12: Inflation and the Quantity Theory of Money
  5. Question
    If the CPI Was 125 Last Year and Is Now
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If the CPI Was 125 Last Year and Is Now

Question 101

Question 101

Multiple Choice

If the CPI was 125 last year and is now 135, then the inflation rate last year was:


A) 6%.
B) 7%.
C) 8%.
D) 10%.

Correct Answer:

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