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babesitter09 babesitter09
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5 years ago
Suppose that the cost of the CPI basket of goods and services rises from $137 in 2010, which is the base year, to $159 in 2011. The CPI in 2011 is ________ and the inflation rate from 2010 to 2011 is ________.
A) 86; 14 percent
B) 86; 22 percent
C) 116; 22 percent
D) 116; 16 percent
E) There is not enough information to answer this question.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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shimyshiguyshimyshiguy
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5 years ago
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babesitter09 Author
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#2
5 years ago
found this very helpful thank you
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#3
4 years ago
Thank you
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#4
3 years ago
thank you
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