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    Principles of Macroeconomics Study Set 12
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    If the CPI in 2015 Was 104
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If the CPI in 2015 Was 104

Question 35

Question 35

Multiple Choice

If the CPI in 2015 was 104.5 and the CPI in 2016 was 110.5, then the rate of inflation between 2015 and 2016 was


A) 5.4%.
B) 5.7%.
C) 6.5%.
D) 7.0%.

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