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If the CPI was 132.5 at the end of last year and 140.2 at the end of this year, the inflation rate over these two years was
Marginal Rate
The marginal rate often refers to the rate at which the next unit of time, expenditure, or activity will be valued, commonly used in the context of marginal tax rates or marginal rate of substitution in economics.
Upper Middle Class
A socioeconomic tier directly below the highest tier, typically characterized by higher education, professional careers, and a comfortable standard of living.
Working Class
A social group consisting of people employed in lower tier jobs, often involving manual or industrial labour, and receiving wages rather than salaries.
Federal Government
The national government of a federated state, which is responsible for national affairs.
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