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If the CPI is 120 in year 1 and 160 in year 2, then the rate of inflation from year 1 to year 2 is:

If the CPI is 120 in year 1 and 160 in year 2, then the rate of inflation from year 1 to year 2 is: O 1. 30% O 2. 33% O 3.25% O 4. 50%

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