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If the Consumer Price Index Is 160

Question 31

Multiple Choice

If the consumer price index is 160.6 for 2018 and 163.1 for 2019, what was the inflation rate between these two years?

A) 0.25%
B) 0.25%.
C) 1.56%
D) 1.56%.
E) 2.59%
F) 2.59%.
G) 5%
H) 5%.

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