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Answer :
Final answer:
The inflation rate from 2021 to 2022 can be calculated using the percentage change formula on the given CPI values for those years; however, specific values were not provided.
Explanation:
The question relates to calculating the inflation rate between two given periods using the Consumer Price Index (CPI). For accuracy's sake, it is important to note that no specific CPI values for 2021 and 2022 were provided in the question, so to give a general method: the inflation rate can be calculated using the percentage change formula, which is (CPI in later year - CPI in earlier year) / CPI in earlier year, all multiplied by 100 to convert it to a percentage. For example, if the CPI in 2021 was 120 and it rose to 125 in 2022, the inflation rate would be calculated as (125 - 120) / 120 imes 100, yielding an inflation rate of 4.17%.
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