One of the largest single influences on the level of interest rates is inflation. There are a

Question:

One of the largest single influences on the level of interest rates is inflation. There are a number of sites that report inflation over time. Go to www.bankofcanada.ca/en/cpi.htm and review the data. What has the average rate of inflation been since 1995? What year had the lowest level of inflation? What year had the highest level of inflation?

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