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b Consider the CPI series of the hypothetical economy, Meanchester United, from 2015 - 2021 (base period 2015) provided below. Determine the rate of inflation

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Consider the CPI series of the hypothetical economy, Meanchester United, from 2015 - 2021 (base period 2015) provided below. Determine the rate of inflation (hint, you will need to determine the percentage change in (P1) from 2015 to 2021. Give your answer to ONE Decimal place (do not include % in your answer)

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