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The following questions are based on CPI for All Urban Consumers (CPI-U) and its components. You can download the data from the BLS (bureau of

The following questions are based on CPI for All Urban Consumers (CPI-U) and its components. You can download the data from the BLS (bureau of labor statistics) database (https://data.bls.gov/cgi-bin/dsrv?cu). CPI Data for January 2022 were published on 2/10/2022. For January 2022, compute the inflation rate for shelter in terms of %yoy (use seasonally unadjusted series). It was

  1. 4.4% b. 0.4% c. 7.5% d. 27.0%

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