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Table 13-8  Year  CPI 20171002018120\begin{array}{|c|c|}\hline \text { Year } & \text { CPI } \\\hline 2017 & 100 \\\hline 2018 & 120 \\\hline\end{array}

Question 288

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Table 13-8
 Year  CPI 20171002018120\begin{array}{|c|c|}\hline \text { Year } & \text { CPI } \\\hline 2017 & 100 \\\hline 2018 & 120 \\\hline\end{array}
-Refer to Table 13-8.Suppose that the data in the table above reflect the price levels in the economy.What is the inflation rate in between 2017 and 2018?


A) 2%
B) 5%
C) 10%
D) 12%
E) 20%

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