On June 1, 2003, the average price of a gallon of gasoline in San Francisco, California, was
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On June 1, 2003, the average price of a gallon of gasoline in San Francisco, California, was $1.80. Just three years later the price of that same gallon of gas was $3.20. What was the rate of inflation in the price of a gallon of gas over the period?
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A gallon of gas cost 180 on 612003 and 320 three years later What ...View the full answer
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Related Book For 
Financial Management Principles and Applications
ISBN: 978-0133423822
12th edition
Authors: Sheridan Titman, Arthur Keown, John Martin
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