In 1989, the CPI was 124.0 in 1990, it was 130.7 What was the rate of inflation over this period ? | MCQ Hive

Economics Mcqs

Q In 1989, the CPI was 124.0 in 1990, it was 130.7 What was the rate of inflation over this period ?

A A. 5.4 percent
B B. 30.7 percent
C C. You can’t tell without knowing the base year
D D. 5.1 percent

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