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If the Consumer Price Index for an economy was 133.0 in February 2016 and 137.0 in February 2017, what was the annual rate of inflation
If the Consumer Price Index for an economy was 133.0 in February 2016 and 137.0 in February 2017, what was the annual rate of inflation from Feb. 2015 to Feb. 2016?Show your calculations.(3 marks)
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