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Suppose That the Consumer Price Index of a Country Was

Question 139

Multiple Choice

Suppose that the consumer price index of a country was 160 at year-end 2007 and 168 at the end of 2008. What was the country's inflation rate during 2008?


A) 5 percent
B) 8 percent
C) 60 percent
D) 68 percent

Correct Answer:

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