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Year CPI 2007 207 2008 215 Refer to Table 8 -5. Consider the following values of the consumer price index for 2007 and 2008: The
| Year | CPI |
| 2007 | 207 |
| 2008 | 215 |
Refer to Table 8 -5. Consider the following values of the consumer price index for 2007 and 2008: The inflation rate for 2008 was equal to
| 215 percent. | ||
| 21.5 percent. | ||
| 8.0 percent. | ||
| 3.9 percent. |
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Public Finance and Public Policy
Authors: Jonathan Gruber
5th edition
1464143331, 978-1464143335
