Suppose that the CPI in 2000 was 102 and the CPI in 2001 was 104. The rate of inflation between 2000 and 2001 was:
A) 2.24%.
B) 1.96%.
C) 2.42%.
D) 4.22%.
Correct Answer:
Verified
Q111: Recall Application 4, "The Introduction of Cell
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