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If the CPI Was 121

question 188

Multiple Choice

If the CPI was 121.5 at the end of last year and 138.3 at the end of this year, the inflation rate over these two years was

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Definitions:

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to an increased interconnectedness of the world's economies, cultures, and populations.

Inequality

The unequal distribution of resources, opportunities, rights, and powers among individuals or groups in a society.

Wealth Tax

A tax based on the market value of assets owned, designed to target wealth disparity by taxing the richest fraction of the population.

Richest People

Individuals with the highest net worth or wealth within a society or globally, often featured in rankings by financial publications.

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