If the CPI in 2011 Was 114

question 116

Multiple Choice

If the CPI in 2011 was 114.7 and the CPI in 2012 was 124.5,then the rate of inflation between 2011 and 2012 was

• A)7.9%.
• B)8.5%.
• C)9.8%.
• D)14.7%.

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