Multiple Choice
Over the past 70 years, what was the approximate average annual inflation rate?
A) 3 percent, implying that prices have increased 12-fold
B) 4 percent, implying that prices have increased 16-fold
C) 4 percent, implying that prices have increased 18-fold
D) 5 percent, implying that prices increased about 18-fold
Correct Answer:
Verified
Correct Answer:
Verified
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