The table below shows six years of hypothetical CPI values for the United States. Using the information in the table, compute the annual inflation rate. Instructions: Round your answers to two decimal places. CPI Values and Inflation Year 2009 2010 2011 2012 2013 2014 CPI 216.64 221.95 227.15 236.06 239.02 242.84 Inflation Rate (percent) %
The table below shows six years of hypothetical CPI values for the United States. Using the information in the table, compute the annual inflation rate. Instructions: Round your answers to two decimal places. CPI Values and Inflation Year 2009 2010 2011 2012 2013 2014 CPI 216.64 221.95 227.15 236.06 239.02 242.84 Inflation Rate (percent) %
Chapter13: Inflation
Section: Chapter Questions
Problem 8SQP
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