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Assume the Average Annual CPI Values for 2012 and 2013

Question 241

Multiple Choice

Assume the average annual CPI values for 2012 and 2013 were 207.3 and 215.3,respectively.What was the percent increase in the CPI between these two years?


A) 0.96
B) 1.04
C) 3.86
D) 8.0

Correct Answer:

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