If the CPI This Year Is 162 and Last Year

question 49

Multiple Choice

If the CPI this year is 162 and last year it was 170,what do we know about the inflation rate this year?

• A)It is positive.
• B)It is negative.
• C)It has decreased since last year.
• D)It has increased since last year.
• E)It is the same as last year.

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