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Economics 13th Edition by James Gwartney, Richard Stroup, Russell Sobel, David Macpherson
Edition 13ISBN: 9780538754279Economics 13th Edition by James Gwartney, Richard Stroup, Russell Sobel, David Macpherson
Edition 13ISBN: 9780538754279 Exercise 12
Suppose that the consumer price index at year-end 2011 was 150 and by year-end 2012 had risen to 160. What will be the inflation rate during 2012?
Explanation
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Inflation is the continuous rise in the ...
Economics 13th Edition by James Gwartney, Richard Stroup, Russell Sobel, David Macpherson
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