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- What are the types of Inflation? Identify the percentage rate of price increase per type.The consumer price index (CPI) of a country was approximately 200 at the beginning of year 2010. If inflation continued at an average rate of 2.5%, what would the index be at the beginning of year 2021?According to the government data, the CORE rate of inflation (based on the CPI) during the one-year period ending in March 2021 was:
- A country is experiencing an inflation rate of exactly 100 percent per month for 4 months. At the end of 4 months, the price level has increased _____ times in relationship to the initial period.The average inflation rate is calculated on the basis of the CPI for all the items in the market basket. True or false?How do we obtain the general inflation rate?