The table below shows six years of hypothetical CPI values for the United States. Using the information in the table, compute the annual inflation rate. Instructions: Round your answers to two decimal places. CPI Values and Inflation Year 2009 2010 2011 2012 2013 2014 CPI 216.64 221.95 227.15 236.06 239.02 242.84 Inflation Rate (percent) %
The table below shows six years of hypothetical CPI values for the United States. Using the information in the table, compute the annual inflation rate. Instructions: Round your answers to two decimal places. CPI Values and Inflation Year 2009 2010 2011 2012 2013 2014 CPI 216.64 221.95 227.15 236.06 239.02 242.84 Inflation Rate (percent) %
Chapter1: Making Economics Decisions
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![The table below shows six years of hypothetical CPI values for the United States. Using the information in the table, compute the
annual inflation rate.
Instructions: Round your answers to two decimal places.
CPI Values and Inflation
Year
2009
2010
2011
2012
2013
2014
CPI
216.64
221.95
227.15
236.06
239.02
242.84
Inflation Rate
(percent)
%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F432f2e84-8824-4b19-971c-2441b4665163%2F5d31c0ed-0607-4c91-861d-942685e1280c%2Fvcva7h1h_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The table below shows six years of hypothetical CPI values for the United States. Using the information in the table, compute the
annual inflation rate.
Instructions: Round your answers to two decimal places.
CPI Values and Inflation
Year
2009
2010
2011
2012
2013
2014
CPI
216.64
221.95
227.15
236.06
239.02
242.84
Inflation Rate
(percent)
%
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