Homework Help: econ

Posted by Anonymous on Monday, July 27, 2009 at 7:57pm.

If the Consumer Price Index was 110 in one year and 117 in the next year, the rate of inflation from one year to the next was
a)3.5% b)4.7% c)6.4% d)7.1%

econ - economyst, Tuesday, July 28, 2009 at 10:03am
117/110 = 1.0636, go with c

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