If the CPI decreases from one year to the next,then the inflation rate is

Name: If the CPI decreases from one year to the next,then the inflation rate is
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Question

Quizplus · Accepted Answer

When the CPI decreases from one year to the next, it means that the cost of a basket of goods and services has gone down. In other words, prices are falling, which means there is deflation. Therefore, the inflation rate is negative.

If the CPI Decreases from One Year to the Next,then