Here are values of the CPI (multiplied by 100) for each year from 2000 to 2010. For each year beginning with 2001, calculate the rate of inflation from the previous year. Instructions: Enter your responses rounded to two decimal places Inflation Rate (%) Year CPI 2000 133.7 139.2 2001 2002 143.3 2003 147.5 151.2 2004 2005 155.4 2006 159.9 2007 163.5 2008 166 2009 169.6 2010 175.2
Here are values of the CPI (multiplied by 100) for each year from 2000 to 2010. For each year beginning with 2001, calculate the rate of inflation from the previous year. Instructions: Enter your responses rounded to two decimal places Inflation Rate (%) Year CPI 2000 133.7 139.2 2001 2002 143.3 2003 147.5 151.2 2004 2005 155.4 2006 159.9 2007 163.5 2008 166 2009 169.6 2010 175.2
Chapter1: Making Economics Decisions
Section: Chapter Questions
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