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If the CPI in 2015 Was 104 and the CPI

Question 118

Multiple Choice

If the CPI in 2015 was 104 and the CPI in 2016 was 106, then the rate of inflation between 2015 and 2016 was

A) 1.89%.
B) 1.92%.
C) 2.0%.
D) 2.2%.

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