If the CPI for this year is 220 and the CPI for last year was 215, the inflation rate is
A. just over 2 percent.
B. 5 percent.
C. just over 5 percent.
D. 10 percent.
Answer:A
If the CPI for this year is 220 and the CPI for last year was 215, the inflation rate is
A. just over 2 percent. B. 5 percent. C. just over 5 percent. D. 10 percent.