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    Exam 9: Inflation
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    If the CPI Was 99
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If the CPI Was 99

Question 14

Question 14

Multiple Choice

If the CPI was 99.6% in January 2001 and 128% in January 2005, what was the approximate annual inflation over the intervening period?


A) 28.4%
B) 7.1%
C) 6.4%
D) 5.0%
E) 0.4%

Correct Answer:

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