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6. Inflation a. What is at least one definition of inflation? What is the definition of the consumer price index (CPI)? how is it calculated?

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6. Inflation a. What is at least one definition of inflation? What is the definition of the consumer price index (CPI)? how is it calculated? How is inflation calculated? b. If the 2018 CPI is 233.049 and the 2019 CPI is 229.601, what was the rate of inflation between 2018 and 2019? C. Whom does inflation help and whom does it hurt? Why

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