The reference base period for the CPI is$1982-1984.$

In January

$20152015,$

the CPI was

$233\mathrm{.}7233\mathrm{.}7.$

What does this number tell$$ us$?$

Question content area bottom

Part $1$

This number tells us that the$\_\_\_\_\_\_\_$ of the prices paid by urban consumers for a fixed basket of consumer goods and services was$\_\_\_\_\_\_\_.$

A$.$

$$average;

$233\mathrm{.}7233\mathrm{.}7$

percent higher in January

$20152015$

than the average of$1982-1984$

B$.$

inflation$$ rate;

$33\mathrm{.}733\mathrm{.}7$

percent per year

C$.$

inflation$$ rate;

$133\mathrm{.}7133\mathrm{.}7$

percent per year

D$.$

$$average;

$133\mathrm{.}7133\mathrm{.}7$

percent higher in January

$20152015$

than the average of$1982-1984$