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The Following Table Shows the Value of CPI for Three

question 101

Multiple Choice

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 2005? A)  1.46% B)  3.36% C)  4.87% D)  1.8% Which of the following is the annual inflation rate for 2005?

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Definitions:

Lump-sum Amount

A fixed total amount that does not change with the level of output, activity, or number of beneficiaries.

Tax System

A framework of policies governing how taxes are collected from individuals and businesses by a governing authority.

Disproportionate

Significantly uneven or out of balance in comparison to something else.

Excise Tax

A tax imposed on specific goods, services, or transactions, often aimed at reducing their consumption or generating revenue.

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