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    Principles of Economics Study Set 8
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    Exam 24: Measuring the Cost of Living
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    If the Value of the Consumer Price Index Is 110
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If the Value of the Consumer Price Index Is 110

Question 88

Question 88

True/False

If the value of the consumer price index is 110 in 2005 and 121 in 2006, then the inflation rate is 11 percent for 2006.

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