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    Principles of Economics Study Set 1
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    Exam 18: Measuring the Price Level and Inflation
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    The CPI in Year One Equaled 1
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The CPI in Year One Equaled 1

Question 148

Question 148

Multiple Choice

The CPI in year one equaled 1.45. The CPI in year two equaled 1.51. The rate of inflation between years one and two was ________ percent.


A) 4.0
B) 4.1
C) 4.5
D) 6.0

Correct Answer:

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