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The CPI of a country in October is given to be 210. In November, the CPI rises to 220. What is the rate of inflation from October to November? Round
your answer to the nearest tenth of a percent if necessary. (1 point)
O 10.0%
O 4.8%
O 1.0%
O 4.5%

Respuesta :

Answer:

4.8%

Explanation:

The rate of inflation is 4.8%.

Given that,

  • The CPI of a country in October is given to be 210. In November, the CPI rises to 220.

Based on the above information, the calculation is as follows:

= (220 - 210) ÷( 210)

= 4.8%

Learn more: brainly.com/question/17429689

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