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Table 13-6  Year  CPI 199615719971611998163\begin{array}{|c|c|}\hline \text { Year } & \text { CPI } \\\hline 1996 & 157 \\\hline 1997 & 161 \\\hline 1998 & 163 \\\hline\end{array}

Question 83

Multiple Choice

Table 13-6
 Year  CPI 199615719971611998163\begin{array}{|c|c|}\hline \text { Year } & \text { CPI } \\\hline 1996 & 157 \\\hline 1997 & 161 \\\hline 1998 & 163 \\\hline\end{array}
-Refer to Table 13-6.Consider the following values of the consumer price index for 1996,1997,and 1998: The inflation rate for 1997 was equal to


A) 1.2 percent.
B) 2.0 percent.
C) 2.5 percent.
D) 4.0 percent.

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