Assuming that in 2009,the CPI was 124 and that in 2010 ,it was 130.7. What was the rate of inflation over this period?

a,2.5%

b.5.4%

c.6,7%

d. you cannot tell without knowing the base year.

2.Inflation can be measured by ALL of the following except

a,GDP deflator

b.comsumer price index

c.producer price index

d. finished goods price index.