ECONOMICS
BUSINESS CYCLES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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CPI index for 2016 and 2017 was 125 and 120 respectively. Based on the information provided, between 2016 and 2017
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Price increased by 4%
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Price decreased by 4%
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Price increased by 5%
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Price decreased by 5%
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Explanation:
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