Use the following to answer questions: Table: Consumer Price Index $$\begin{array} { l c }
\hline \text { Year } & \begin{array} { l }
\text { CPI } \
\text { (End-of-Yea } \
\text { r Value) }
\end{array} \
\hline 2005 & 195.3 \
2006 & 201.6 \
2007 & 207.3 \
2008 & 215.3 \
2009 & 214.5 \
2010 & 218.1 \
\hline
\end{array}$$
-(Table: Consumer Price Index) Refer to the CPI values in the table for the years 2005 to 2010. In which year was the inflation rate the highest?
A) 2006
B) 2007
C) 2008
D) 2009

Question

Use the following to answer questions: Table: Consumer Price Index $$\begin{array} { l c } 
\hline \text { Year } & \begin{array} { l } 
\text { CPI } \
\text { (End-of-Yea } \
\text { r Value) }
\end{array} \
\hline 2005 & 195.3 \
2006 & 201.6 \
2007 & 207.3 \
2008 & 215.3 \
2009 & 214.5 \
2010 & 218.1 \
\hline
\end{array}$$
-(Table: Consumer Price Index) Refer to the CPI values in the table for the years 2005 to 2010. In which year was the inflation rate the highest?
A) 2006
B) 2007
C) 2008
D) 2009

Quizplus · Accepted Answer

The inflation rate is highest when the CPI increase is largest. From 2007 to 2008, the CPI increased from 207.3 to 215.3, which is the largest increase among the given years.

Use the Following to Answer Questions: Table: Consumer Price Index