If the Consumer Price Index rose by 1% over a two-month period, what were the simple and effective annualized rates of inflation during the two-month period?

Name: If the Consumer Price Index rose by 1% over a two-month period, what were the simple and effective annualized rates of inflation during the two-month period?
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The Answer of If the Consumer Price Index rose by 1% over a two-month period, what were the simple and effective annualized rates of inflation during the two-month period?

If the Consumer Price Index Rose by 1% Over a Two-Month