# economics

posted by
**Megan** on
.

Suppose that the CPI in year five equals 123 and in year 6 equals 130. What was the inflation rate in year 6?

Thank you,

Megan

130/123 = 1.057 Ergo, 5.7%

posted by
**Megan** on
.

Suppose that the CPI in year five equals 123 and in year 6 equals 130. What was the inflation rate in year 6?

Thank you,

Megan

130/123 = 1.057 Ergo, 5.7%