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The question is attached. Exhibit: Consumer Price Index for a City Year Consumer Price Index 2001 0.80 2002 1.00 2003 0.95 2004 1.25 2005 1.50

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Exhibit: Consumer Price Index for a City Year Consumer Price Index 2001 0.80 2002 1.00 2003 0.95 2004 1.25 2005 1.50 20. (Exhibit: Consumer Price Index for a City) The base year is 2002. What is the inflation rate in 2004? a. 20.8% b. 22% c. 31.5% d. 30% Powered by Cognero Page 5

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