Feb Apr 229.392 | 230.085 229.815 239.261 | 240.229 Jan Mar May Jul Aug Sep 229.478 229.104 230.379| 231.407| 231.217| 230.221 | 229.601 240.849 241.428 241.729 Jun Oct Nov Dec 2010 226.665 227.663 2014 | 236.916 | 237.111 238.132 241.018 240.628 241.353 241.432 By using CPI from Jan to Dec to calculate the inflation rate from 2010 to 2014? Show your work and you might start by rounding the number to the nearest whole number?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Feb
Jul
May
226.665 227.663 229.392 230.085 229.815
239.261| 240.229
Mar
Apr
Sep
230.379 231.407
241.018 240.628 240.849 241.428
Jan
Jun
Aug
Oct
Nov
Dec
230.221 229.601
241.729 241.353 241.432
2010
229.478 229.104
231.217
2014
236.916 237.111
238.132
By using CPI from Jan to Dec to calculate the inflation rate from 2010 to 2014? Show your work and you
might start by rounding the number to the nearest whole number?
Transcribed Image Text:Feb Jul May 226.665 227.663 229.392 230.085 229.815 239.261| 240.229 Mar Apr Sep 230.379 231.407 241.018 240.628 240.849 241.428 Jan Jun Aug Oct Nov Dec 230.221 229.601 241.729 241.353 241.432 2010 229.478 229.104 231.217 2014 236.916 237.111 238.132 By using CPI from Jan to Dec to calculate the inflation rate from 2010 to 2014? Show your work and you might start by rounding the number to the nearest whole number?
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