Question: Using the data below, calculate: (i) the quarterly annualized ination rate for Q4 of 2021 and (ii) the year over year ination rate for Q4

Using the data below, calculate: (i) the quarterly annualized ination rate for Q4 of 2021 and (ii) the year over year ination rate for Q4 of 2021. [ QuarterYear CPI (012020 100 Q22020 102 01 (042020 1 (01-2021 105 (02-2021 1 04 0132021 06 05 1 (042021 1 O a. -7.54% and -3.81% O b. 0.94% and 3.81 % O c. -3.72% and 3.96% 0 d. 1.98% and 1.68%

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