If the CPI is currently 202, what does this tell you about inflation between last year and this year? A. The CPI measures only the level of prices in a given year, not the percentage change in prices from one year to the next. B. There was deflation in the economy between this year and last year. C. Inflation in the economy between this year and last year was 2%. D. Inflation in the economy between this year and last year was 102%.
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