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If the Consumer Price Index (CPI) for Year 2016 is 120 and the CPI for Year 2015 is 110, the inflation rate for Year 2016

If the Consumer Price Index (CPI) for Year 2016 is 120 and the CPI for Year 2015 is 110, the inflation rate for Year 2016 is

a. 8.33%

b. -8.33%

c. -0.9%

d. 9.1%

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