The following table shows data on the Consumer Price Index over the past few yea...
✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
The following table shows data on the Consumer Price Index over the past few years.
| Year | CPI |
| 2012 | 97 |
| 2013 | 98 |
| 2014 | 100 |
| 2015 | 102.5 |
| 2016 | 104 |
| 2017 | 106 |
What was the inflation rate from 2016 to 2017? Record your answer to two decimal places.
Answer: %
Want instant access to all verified answers on moodle.dawsoncollege.qc.ca?
Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!