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The Rate of Inflation Can Be Found by Subtracting

Question 31

Multiple Choice

The rate of inflation can be found by subtracting:


A) real income from nominal income
B) last year's price index from this year's price index
C) this year's price index from last year's price index, and dividing the difference by this year's price index
D) last year's price index from this year's price index, and dividing the difference by last year's price index
E) this year's price index from last year's price index, and dividing the difference by last year's price index

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