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Assume the Average Annual CPI Values for 2015 and 2016

Question 118

Multiple Choice

Assume the average annual CPI values for 2015 and 2016 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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