Question: Questions Looking on the Statistics Canada Website find the data pertaining to the consumer price index. (7 Marks) a. Look at inflation rates since 1990.

Questions Looking on the Statistics Canada Website find the data pertaining to the consumer price index. (7 Marks)

a. Look at inflation rates since 1990. Provide a summary of the rates. Is there a trend, does the rate fluctuate, or is it similar each year?

b. Explain the steps that Statistics Canada uses to construct the CPI.

c. Calculate the rate of inflation from 2002 to 2015.

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