Multiple Choice
The consumer price index (CPI) in 1975 was 29.The CPI in 1976 was 31.1.The rate of inflation between 1975 and 1976 was
A) 3.00%.
B) 5.26%.
C) 6.75%.
D) 7.24%.
E) 8.70%.
Correct Answer:
Verified
Correct Answer:
Verified
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