Answer:
2.22%
Step-by-step explanation:
Recall that year 1, the base year, has a CPI of 100.
From question 1, we know that the CPI of year 2 is 102.22.
To find the rate of inflation, find the percent change from year 1 to year 2:
102.22-100= 0.0222, or 2.22%
_________
100
