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The table shown below lists the CPI for a particular country for selected years from 1970 to 2015. A CPI of 41 indicates that a
The table shown below lists the CPI for a particular country for selected years from 1970 to 2015. A CPI of
41
indicates that a typical sample of consumer goods costing $100 in 1982-1984 would have cost
$41
in 1970. Calculate the percent change in the CPI for the time period from
1990
to
1995.
Year | 1970 | 1975 | 1980 | 1985 | 1990 | 1995 | 2000 | 2005 | 2010 | 2015 |
---|---|---|---|---|---|---|---|---|---|---|
CPI | 41 | 62 | 88 | 108 | 144 | 162 | 180 | 195 | 222 | 238 |
Question content area bottom
Part 1
The percent change for the time period 1990 to 1995 is approximately
enter your response here ____%.
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