Multiple Choice
Suppose the CPI in 2010 was 188.9.In 1980,it was 49.3.What was the average annual rate of inflation over this 30-year period?
A) 397 percent
B) 10.21 percent
C) 2.04 percent
D) 5.54 percent
E) 4.58 percent
Correct Answer:
Verified
Correct Answer:
Verified
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