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If the Consumer Price Index in 2008 Was 150 and the CPI

Question 24

Multiple Choice

If the Consumer Price Index in 2008 was 150 and the CPI in 2009 was 165,the rate of inflation between 2008 and 2009 would be

A) 9.09 percent.
B) 10 percent.
C) 15 percent.
D) 110 percent.

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