The US Consumer Price Index (CPI) is a measure of the cost of living. The inflation rate
Chapter 1, Problem 50(choose chapter or problem)
The US Consumer Price Index (CPI) is a measure of the cost of living. The inflation rate is the annual relative rate of change of the CPI.Use the January data in Table 1.2447 to estimate the inflation rate for each of years 20072012. Table 1.24 Year 2007 2008 2009 2010 2011 2012 CPI 202.416 211.08 211.143 216.687 220.223 226.655 5
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