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Homework answers / question archive / The accompanying table contains two price indexes for the years 2016, 2017, and 2018: the GDP deflator and the CPI
The accompanying table contains two price indexes for the years 2016, 2017, and 2018: the GDP deflator and the CPI. For each price index, calculate the inflation rate from 2016 to 2017 and from 2017 to 2018. Year GDP deflator CPI 2016 106.551 241.432 2017 108.713 246.524 2018 111256 251.233