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If the CPI Rises from 206

question 197

Multiple Choice

If the CPI rises from 206.7 to 212.7 between two consecutive years,by how much has the cost of living changed between these two years?


Definitions:

Par Bonds

Bonds that are issued and traded at their face value or nominal value.

Financial Leverage

Utilizing borrowed money to amplify the possible gains from an investment, while also elevating the chance of incurring losses.

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