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In questions 3-6, calculate the percentage change in the CPI and then indicate wether inflation or deflation has occurred. Round answers to the nearest tenth of a percent.

3. In 1974, the CPI was 46.6, and in 1975, the CPI was 52.1

Percentage change in CPI:

Inflation or deflation:

In questions 36 calculate the percentage change in the CPI and then indicate wether inflation or deflation has occurred Round answers to the nearest tenth of a class=