If the consumer price index was 100 in the base year and 110 in the following year,

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If the consumer price index was 100 in the base year and 110 in the following year, the inflation rate was ______.

a. 110 percent

b. 100 percent

c. 11 percent

d. 10 percent

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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Question Posted: Jan 19, 2023 03:57 AM

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If the consumer price index was 100 in the base year and 110 in the following year,

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