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    Principles of Economics Study Set 8
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    Exam 24: Measuring the Cost of Living
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    The Inflation Rate for 2007 Is Computed by Dividing (The
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The Inflation Rate for 2007 Is Computed by Dividing (The

Question 181

Question 181

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The inflation rate for 2007 is computed by dividing (the CPI in 2007 minus the CPI in 2006) by the CPI in 2006, then multiplying by 100.

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