Inflation

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Question 30
Easy

In a given economy, the Consumer Prices Index (CPI) was 112 in 2021 and 127 in 2022. What was the annual rate of inflation for 2022, to the nearest whole number, as measured by this CPI?

+15%+15\%+15%

+13%+13\%+13%

+12%+12\%+12%

−13%-13\%−13%

Inflation Questions

  1. A Level
  2. /Economics
  3. /Inflation