The price index in the first year is 120, in the second year is 150, and...
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The price index in the first year is 120, in the second year is 150, and in the third year is 180. What is the inflation rate between the first and second year and between the second and third year? a. 20 percent between the first and second year, 33 percent between the second and third year *b. 25 percent between the first and second year, 20 percent between the second and third year c. 25 percent between the first and second year, 50 percent between the second and third year d. 30 percent between the first and second year, 30 percent between the second and third year The price index in the first year is 120, in the second year is 150, and in the third year is 180. What is the inflation rate between the first and second year and between the second and third year? a. 20 percent between the first and second year, 33 percent between the second and third year *b. 25 percent between the first and second year, 20 percent between the second and third year c. 25 percent between the first and second year, 50 percent between the second and third year d. 30 percent between the first and second year, 30 percent between the second and third year
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Related Book For
Macroeconomics
ISBN: 978-1319120054
3rd Canadian edition
Authors: Paul Krugman, Robin Wells , Iris Au , Jack Parkinson
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