Question:

Economic- CPI question-thank you?

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The CPI was 140 in one year and 145.2 the following year. Approximately how much did prices rise between the two years?

3.7 percent

3.15 percent

0.03 percent

1.04 percent

none of the above

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1 ANSWERS


  1. a) 3.7 percent

    145.2/140≈1.03714 = +3.7%

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