) In 1990, the CPI was 130.7 and in 1996 the CPI was 156.9. What was the rate of inflation over this period of time? ) If a price index rose from 14.3 in 1985 to 34.1 in 2010, what would be the inflation rate over the period?
) In 1990, the CPI was 130.7 and in 1996 the CPI was 156.9. What was the rate of inflation over this period of time? ) If a price index rose from 14.3 in 1985 to 34.1 in 2010, what would be the inflation rate over the period?
Chapter13: Inflation
Section: Chapter Questions
Problem 8SQP
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