Question: +7Correctly state, set up apply inflation rate equation/formula. 2) Measuring Inflation-35 points Using the Vulcan CPI information in Table 2, calculate the inflation rate for

+7Correctly state, set up apply inflation rate equation/formula.

2) Measuring Inflation-35 points Using the Vulcan CPI information in Table 2, calculate the inflation rate for each year, only if possible. (Show all work in context.) Table 2 1810 1811 1812 1813 1814 1815 CPI 118.402 132.709 147.803 158.553 166.593 179.694 (1776=100)

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