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    Economics Contemporary Issues
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    Exam 14: Inflation: a Monetary Phenomenon
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    Suppose the GDP Deflator Was 120 in 1997 and 123
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Suppose the GDP Deflator Was 120 in 1997 and 123

Question 86

Question 86

Essay

Suppose the GDP deflator was 120 in 1997 and 123.6 in 1998. What was the rate of inflation over the period?

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