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If the value of the price index for the year 2015 equal to 114, and the price index for the year 2014 was 120, the

If the value of the price index for the year 2015 equal to 114, and the price index for the year 2014 was 120, the annual inflation/deflation rate is.

a.

Deflation rate of 5%.

b.

Deflation rate of 10%.

c.

Inflation rate of 10%.

d.

Inflation rate of 5%.

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