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Table 20-5  Year  CPI 20152072016215\begin{array} { | c | c | } \hline \text { Year } & \text { CPI } \\\hline 2015 & 207 \\\hline 2016 & 215 \\\hline\end{array}

Question 284

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Table 20-5
 Year  CPI 20152072016215\begin{array} { | c | c | } \hline \text { Year } & \text { CPI } \\\hline 2015 & 207 \\\hline 2016 & 215 \\\hline\end{array}
-Refer to Table 20-5.Consider the following values of the consumer price index for 2015 and 2016.The inflation rate for 2016 was equal to


A) 215 percent.
B) 21.5 percent.
C) 8.0 percent.
D) 3.9 percent.

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