Assume the CPI increases from 297.99 to 307.62 over the period. What is the inflation rate implied by this CPI change? Group of answer choices 3.13% 2.23% 3.23% 1.50%

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Assume the CPI increases from 297.99 to 307.62 over the period. What is the inflation rate implied by this CPI change?  Group of answer choices  3.13%  2.23%  3.23%  1.50%

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