Question: Inflation Rate from CPI 2 points possible (graded) Note that is not a rate by itself while is. In order to make the different data

Inflation Rate from CPI 2 points possible (graded) Note that is not a rate by itself while is. In order to make the different data sets comparable and use them together, we must first transform the data. One way to do this is to calculate monthly inflation rates from the different data sets given to us: How might you calculate monthly inflation rates from the data? The monthly inflation rate can be calculated as the percentage change of per month

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