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    Exam 6:Unemployment and Inflation
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    Suppose That a Price Index in Paraguay Was 131 in 2011
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Suppose That a Price Index in Paraguay Was 131 in 2011

Question 19

Question 19

Multiple Choice

Suppose that a price index in Paraguay was 131 in 2011 and 152 in 2012. The inflation rate between those two years was approximately


A) 10.5 percent.
B) 11.6 percent.
C) 16 percent.
D) 21 percent.

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