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The Consumer Price Index (CPI)in 1930 Was 9

Question 143

Multiple Choice

The consumer price index (CPI) in 1930 was 9.1.The CPI in 1931 was 8.2.The rate of inflation between 1930 and 1931 was

A) - 9.9%.
B) - 10.8%.
C) 1.5%.
D) 10.8%.
E) 9.9%.

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