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If the CPI today is 254 and next month CPI is 247.5. What is the rate of inflation? a.-2.56% b.2.63% c.-2.63% d.2.56%

If the CPI today is 254 and next month CPI is 247.5. What is the rate of inflation?

a.-2.56%

b.2.63%

c.-2.63%

d.2.56%

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