The inflation rate for a given year is found by taking the percentage change in the Consumer Price Index (CPI)from the base year to the year in question.

Name: The inflation rate for a given year is found by taking the percentage change in the Consumer Price Index (CPI)from the base year to the year in question.
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Quizplus · Accepted Answer

The inflation rate for a given year is calculated by taking the percentage change in the Consumer Price Index (CPI) from the previous year to the year in question, not from the base year.

The Inflation Rate for a Given Year Is Found by Taking