If the CPI was 120 last year and is 138 this year, what is this year's rate of inflation? Instructions: Round your answer to two decimal places. % In contrast, suppose that the CPI was 120 last year and is 116 this year. What is this year's rate of inflation? Instructions: Round your answer to two decimal places. If you are entering any negative number be sure to include a negative sign (-) in front of the number. % What term do economists use to describe this second outcome? (Click to select) Inflation Deflation