If 2002 Is the Base Year, Then the Inflation Rate $$\frac { \text { CPI in } 2005 - \text { CPI in } 2004 } { \text { CPI in } 2002 } \times 100$$

question 328

Multiple Choice

If 2002 is the base year, then the inflation rate in 2005 equals

• A)
• \[\frac { \text { CPI in } 2005 - \text { CPI in } 2004 } { \text { CPI in } 2002 } \times 100\]
• B)
• \[\frac { \mathrm { CPI } \text { in } 2005 - \mathrm { CPI } \text { in } 2002 } { \mathrm { CPI } \text { in } 2002 } \times 100\]
• C)
• \[\frac { \text { CPI in } 2005 - \text { CPI in } 2002 } { \text { CPI in } 2004 } \times 100 .\]
• D)
• \[\frac { \text { CPI in } 2005 - \text { CPI in } 2004 } { \text { CPI in } 2004 } \times 100 .\]

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