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Author Question: If the CPI in 2015 was 112 and the CPI in 2016 was 116, then the rate of inflation between 2015 and 2016 was (Read 160 times)

bobthebuilder

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Question 1

If the CPI in 2015 was 104.5 and the CPI in 2016 was 110.5, then the rate of inflation between 2015 and 2016 was


◦ 5.4%.
◦ 5.7%.
◦ 6.5%.
◦ 7.0%.

Question 2

If the CPI in 2015 was 112 and the CPI in 2016 was 116, then the rate of inflation between 2015 and 2016 was


◦ 4.00%.
◦ 3.64%.
◦ 3.57%.
◦ 3.45%.


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Marked as best answer by bobthebuilder on Apr 19, 2019

ansleighelindsey

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