At the end of last year the Consumer Price Index was equal to 157.5 and at the end of this year it was equal to 163.8. What is the inflation rate over this time period?
A) 6.3 percent
B) 4.0 percent
C) 3.85 percent
D) 10.1 percent

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The Answer of At the end of last year the Consumer Price Index was equal to 157.5 and at the end of this year it was equal to 163.8. What is the inflation rate over this time period?
A) 6.3 percent
B) 4.0 percent
C) 3.85 percent
D) 10.1 percent

At the End of Last Year the Consumer Price Index