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If the Consumer Price Index (CPI)is 220 One Year and 210

Question 78

Multiple Choice

If the consumer price index (CPI) is 220 one year and 210 the next,the annual rate of inflation as measured by the CPI is approximately _____.

A) −2.3 percent
B) −4.6 percent
C) 10 percent
D) 4.8 percent
E) 220 percent

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