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Question #47936

In 1989, the CPI was 124.0 in 1990, it was 130.7 What was the rate of inflation over this period ?

Options:

A) 5.4 percent

B) 30.7 percent

C) You can’t tell without knowing the base year

D) 5.1 percent

Answer: In 1989, the CPI was 124.0 in 1990, it was 130.7 What was the rate of inflation over this period 5.4 percent.

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