Instructions: Round your responses to one decimal place. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers. Calculate the inflation rate for 1993–1994:| | % 1999–2000: | % 2006–2007: % 2016–2017: %
Instructions: Round your responses to one decimal place. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers. Calculate the inflation rate for 1993–1994:| | % 1999–2000: | % 2006–2007: % 2016–2017: %
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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
Transcribed Image Text:Using the Consumer Price Index (CPI) detailed in the table below,
Year
CPI
Year
CPI
1990
130.7
2005
195.3
1991
136.2
2006
201.6
1992
140.3
2007
207.3
1993
144.5
2008
215.3
1994
148.2
2009
214.5
1995
152.4
2010
218.1
1996
156.9
2011
224.9
1997
160.5
2012
229.6
1998
163.0
2013
233.0
1999
166.6
2014
236.7
2000
172.2
2015
237.0
2001
177.1
2016
240.0
2002
179.7
2017
245.1
2003
184.0
2018
251.1
2004
188.9
2019
255.7

Transcribed Image Text:Instructions: Round your responses to one decimal place. If you are entering any negative numbers be sure to include a negative
sign (-) in front of those numbers.
Calculate the inflation rate for
1993–1994:
1999–2000:
2006–2007:
%
2016–2017:
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