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Between 1970 and 1976, Israel's Average Inflation Rate Was About

Question 105

Multiple Choice

Between 1970 and 1976, Israel's average inflation rate was about 65 percent per year. With that rate of inflation, prices would double about every ________ using the rule of 70.


A) 93 years
B) 107.7 years
C) 0.95 years
D) 1.1 years
E) 9.3 years

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