Suppose the average annual CPI values for 2017 and 2018 were 250 and 255 , respectively. What
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Question:
Suppose the average annual CPI values for 2017 and 2018 were 250 and 255 , respectively. What was the percentage increase in the CPI between two years (i.e. inflation rate)?
a. 5 percent
b. 2.5percent
c. 2 percent
d.1.5percent
Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
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