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Economics 15th Edition by James Gwartney,Richard Stroup,Russell Sobel,David Macpherson
Edition 15ISBN: 978-1285453538Economics 15th Edition by James Gwartney,Richard Stroup,Russell Sobel,David Macpherson
Edition 15ISBN: 978-1285453538 Exercise 2
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 rate is ca...
Economics 15th Edition by James Gwartney,Richard Stroup,Russell Sobel,David Macpherson
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