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Since 2014 you have paid $466 per month on a one-bedroom apartment in the city of Dayton, Ohio. The landlord may change the rent relative

Since 2014 you have paid $466 per month on a one-bedroom apartment in the city of Dayton, Ohio. The landlord may change the rent relative to changes in the Consumer Price Index (CPI-U). The CPI-U represents the cost of a basket of goods and services in base-year dollars (1983). The table below shows the index values for the years from 2010-2016. Year Index Number 2010 218.1 2011 224.9 2012 229.6 2013 233.0 2014 236.7 2015 237.0 2016 240.0 What is the relative increase in the CPI-U from 2014 to 2016? Convert your answer to a percent and round to a tenth of a percent. Question 7Answer a. 0.13% b. 1.4% c. 1.3% d. 0.14% e. 5%

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