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The Following Table Shows the Value of CPI for Three

question 72

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The following table shows the value of CPI for three years in a country. The following table shows the value of CPI for three years in a country.   Which of the following is the annual inflation rate for 2004? A)  4% B)  1.46% C)  3.36% D)  4.87% Which of the following is the annual inflation rate for 2004?


Definitions:

Bell Peppers

Edible fruits from the Capsicum genus, commonly used in cooking for their sweet and mild flavor.

Budget Constraint

A financial limitation representing the combination of goods and services that a consumer can afford with their available budget.

DVD

A type of disc storage format that can store any kind of digital data and is used for software and other computer files as well as video programs watched using DVD players.

Budget Constraint

The limitations on the consumption choices of an individual or household given their income and the prices of goods and services.

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