Calculate the rate of inflation

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Reference no: EM13177087

For the consumer price index (CPI) values shown, calculate the rate of inflation in each year from 1930 to 1933.

Year: 1929 1930 1931 1932 1933
CPI: 51.3 50.0 45.6 40.9 38.8

Reference no: EM13177087

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