Years Consumer Price Index (CPI) 1999 100.0 2000 115.0 2001 121.0 2002 110.0 2003 110.0 2004 115.0 a) Explain the definition of inflation b) Calculate inflation rate from 2001 until 2004. c) Identify which year have highest inflation rate d) Identify which year face deflation? e) Based on answer (c ), what happen in 2003? What the condition of economic in 2003 when inflation rate at zero level? f) Explain THREE (3) effect of inflation in economic