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If the CPI Was 95 at the End of 2013

Question 47

Multiple Choice

If the CPI was 95 at the end of 2013 and 105 at the end of 2014, what was the inflation rate in 2014?

A) 10 percent
B) 105 percent
C) 9.5 percent
D) 5 percent
E) 10.5 percent

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