Assume the Average Annual CPI Values for 2016 and 2017

question 225

Multiple Choice

Assume the average annual CPI values for 2016 and 2017 were 207.3 and 215.3, respectively.What was the percent increase in the CPI between these two years?

• A)0.96
• B)1.04
• C)3.86
• D)8.0
• E)9.16

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Definitions:

Fair Contracts

are legally binding agreements that are made in good faith, characterized by equality, respect, and honesty between all parties involved.

Adequate Housing

Housing that satisfactorily meets basic living standards, including safety, affordability, and accessibility, as recognized by international human rights law.

Freedman's Bureau

An agency established by the United States government in 1865 to aid freed slaves during the Reconstruction era by providing food, housing, education, and legal assistance.

Labor Disputes

Conflicts between employers and employees or between unions and management concerning conditions of employment, wages, and workplace rights.