The following table shows the value of the market basket of goods in years 2013, 2014, and

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The following table shows the value of the market basket of goods in years 2013, 2014, and 2015. Value of Market Basket Year (Dollars) 2013 210 2014 230 2015 270 Suppose that the base year is 2013. The value of the CPI in 2014 is approximately Continue to assume that the base year is 2013. The value of the CPI in 2015 is approximately The rate of inflation between 2014 and 2015 is approximately

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The following table shows the value of the market basket of goods in years 2013, 2014, and

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