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According to the Bank of Canada's Website,Canada's Consumer Price Index

question 30

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According to the Bank of Canada's website,Canada's Consumer Price Index (CPI) in August 2015 was 127.3,August 2016 was 128.7,August 2017 was 130.5 and August 2018 was 134.2.Given this set of index numbers,what is the percentage change in the average level of prices between August 2015 and August 2018?


Definitions:

Ingroup

“Us”—people with whom we share a common identity.

Just-world Phenomenon

The belief that the world is inherently fair, and thus people get what they deserve and deserve what they get.

Bystander Effect

A social psychological phenomenon in which individuals are less likely to offer help to a victim when other people are present, under the assumption that someone else will take action.

Scapegoat Theory

A social psychological concept that suggests individuals or groups are unfairly blamed for problems not of their making.

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