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book Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz cover

Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz

Edition 12ISBN: 978-1259070969
book Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz cover

Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz

Edition 12ISBN: 978-1259070969
Exercise 2
Suppose a country's CPI increased from 2.1 to 2.3 in the course of 1 year. Use this fact to compute the rate of inflation for that year. Why might the CPI overstate the rate of inflation
Explanation
Verified
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Inflation is rate of change of price lev...

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Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz
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