Multiple Choice
The consumer price index (CPI) in 1931 was 8.2.The CPI in 1932 was 7.5.The rate of inflation between 1931 and 1932 was
A) - 8.5%.
B) - 9.3%.
C) 1.4%.
D) 6.6%.
E) 9.3%.
Correct Answer:
Verified
Correct Answer:
Verified
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