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stfajar stfajar
wrote...
Posts: 354
6 years ago
If the CPI this year is 175.2 and next year the CPI is 176.1, what was the inflation rate over the year?
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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wrote...
6 years ago
 The inflation rate equals 100  (176.1 - 175.2)/(175.2) = 0.5 percent.
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