Question
Year CPI 2016 203 2017 222 2018 227 Consider the values in the table above for the consumer price index for 2016, 2017, and 2018.
| Year | CPI |
|---|---|
| 2016 | 203 |
| 2017 | 222 |
| 2018 | 227 |
Consider the values in the table above for the consumer price index for 2016, 2017, and 2018. What was the inflation rate for 2018? Please round to two decimal places and do not include the % sign.
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International Economics
Authors: James Gerber
6th edition
978-0132950145, 132950146, 132948915, 978-0132948913
