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Suppose That the Consumer Price Index at Year-End 2008 Was

Question 178

Multiple Choice

Suppose that the consumer price index at year-end 2008 was 140 and by year-end 2009 had risen to 150. What was the inflation rate during 2009?

A) 7.1 percent
B) 10 percent
C) 14.2 percent
D) 50 percent

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