Question
Let's assume that in 1963, the CPI here in the U.S. was 32 (1982-84 = 100) and in 2005 it was 197.Based on this information,
Let's assume that in 1963, the CPI here in the U.S. was 32 (1982-84 = 100) and in 2005 it was 197.Based on this information, what was the inflation rate from 1963 to 2005?
Group of answer choices
313%
515%
415%
165%
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Microeconomics
Authors: Paul Krugman, Robin Wells
3rd edition
978-1429283427, 1429283424, 978-1464104213, 1464104212, 978-1429283434
