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Use the Graph Shown to Discuss, in Qualitative Terms, the Changes

Question 63

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Use the graph shown to discuss, in qualitative terms, the changes in the U.S. inflation rate from 1960 to 2012. Then estimate the inflation rate in 2012.
Use the graph shown to discuss, in qualitative terms, the changes in the U.S. inflation rate from 1960 to 2012. Then estimate the inflation rate in 2012.

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The nearly flat curve in the early 1960s...

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