The following table shows data on the Consumer Price Index over the past few years. Year 2014 98 CPI 2015 97 2016 96 2017 95 2018 94 2019 97 What was the inflation rate from 2015 to 2016? % (Record your answer to two decimal places.) Tir

The following table shows data on the Consumer Price Index over the past few years. Year 2014 98 CPI 2015 97 2016 96 2017 95 2018 94 2019 97 What was the inflation rate from 2015 to 2016? % (Record your answer to two decimal places.) Tir

Economics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506725

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter8: Economic Fluctuations, Unemployment, And Inflation

Section: Chapter Questions

Problem 12CQ

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The following table shows data on the Consumer Price Index over the past few years.
Year
2014 98
CPI
2015 97
2016 96
2017 95
2018 94
2019
97
What was the inflation rate from 2015 to 2016?
% (Record your answer to two decimal places.)
Tir

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