Table 13-7 $\begin{array}{|c|c|}\hline \text { Year } & \text { CPI } \\\hline 2017 & 175 \\\hline 2018 & 180 \\\hline\end{array}$

question 9

Multiple Choice

Table 13-7
$\begin{array}{|c|c|}\hline \text { Year } & \text { CPI } \\\hline 2017 & 175 \\\hline 2018 & 180 \\\hline\end{array}$
-Refer to Table 13-7.Suppose that the data in the table above reflect price levels in the economy.What is the inflation rate between 2017 and 2018?

• A) 2.9%
• B) 3.5%
• C) 4.6%
• D) 5%
• E) 7.5%

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