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(a) Find the highest annual inflation rate in your lifetime according to the Consumer Price Index (CPI-U) up through calendar year 2020. (b) Based on

(a) Find the highest annual inflation rate in your lifetime according to the Consumer Price Index (CPI-U) up through calendar year 2020.

(b) Based on the CPI in 2021 thus far, will 2021 likely be the highest in your lifetime when it is complete? Cite specific numbers.

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