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True or False and why? {'1} if the CPI {price index] In 202D is 250 and the price level in 2021 is 255. then the

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True or False and why? {'1} if the CPI {price index] In 202D is 250 and the price level in 2021 is 255. then the ination rate from the one year to next is 5% . (2) Ideal Inflation for an economy is having Deflation. i3} CPI is the same for all cities in the US in the same year such as the year 2022. [4} When CPI rises. the buying power of a consumer also rises by law

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