If CPI in 2015 (chosen as a based year) was 170 and CPI in 2019 (4 years
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Question:
If CPI in 2015 (chosen as a based year) was 170 and CPI in 2019 (4 years after) is 185, calculate the rate of inflation.After you have done the calculation, be sure to provide the meaning of the number in the context of inflation.
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