Q: If the price index increased from 100 in 2021 to 110 in 2022 to 132 in 2023, then the rate of inflation is:
(a)10%
(b)32%
(c)20%
(d)Cannot be determined
Answer pending verification
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Q: If the price index increased from 100 in 2021 to 110 in 2022 to 132 in 2023, then the rate of inflation is: