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    Macroeconomics Principles Study Set 1
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    Exam 6: Measuring Inflation and Unemployment
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    If the Current Year's Consumer Price Index Is 214 and Last
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If the Current Year's Consumer Price Index Is 214 and Last

Question 45

Question 45

Multiple Choice

If the current year's consumer price index is 214 and last year's consumer price index was 209, then the rate of inflation is


A) 2.4%.
B) 2.8%.
C) 3%.
D) 5%.

Correct Answer:

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