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Chapter 24 Set #5: Calculating Inflation For each of the scenarios, calculate the inflation rate between the 2 years. Show all work. a) CPI in 2000: 120 CPI in 2001: 123.6 b) CPI in 1983: 250.4 CPI in 1984: 269.8 c) CPI in 2008: 230.7 CPI in 2009: 227.1 d) CPI in 2010: 300 CPI in 2011: 15,000 (not a typo)