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Suppose That the Consumer Price Index at Year-End 2010 Was

Question 20

Multiple Choice

Suppose that the consumer price index at year-end 2010 was 180 and by year-end 2011 had risen to 189. What was the inflation rate during 2011?

A) 4.8 percent
B) 5 percent
C) 6 percent
D) 9 percent

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