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Exhibit 13-1 Consumer Price Index As Shown in Exhibit 13-1, the Rate of Inflation for c

Question 17

Multiple Choice

Exhibit 13-1 Consumer Price Index  Year  Consumer  Price Index 11002110311541205125\begin{array} { | c | c | } \hline \text { Year } & \begin{array} { c } \text { Consumer } \\\text { Price Index }\end{array} \\\hline 1 & 100 \\2 & 110 \\3 & 115 \\4 & 120 \\5 & 125 \\\hline\end{array} As shown in Exhibit 13-1, the rate of inflation for Year 5 is:


A) 4.2 percent
B) 5 percent.
C) 20 percent.
D) 25 percent.

Correct Answer:

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