using year 3 as the base year, calculate: In year 2, the inflation rate was In...

  

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using year 3 as the base year, calculate: In year 2, the inflation rate was In year 3, the inflation rate was In year 4, the inflation rate was % dº Hanna's Meals Year 1 2 3 4 Pasta (dollars per pound) $1.90 2.10 2.25 2.20 Yogurt (dollars per package) $1.00 1.10 1.10 1.20 Lemonade (dollars per bottle) $2.10 2.20 1.95 2.00 Instructions: Round your answers to no decimal place, but do not round values to be used to complete other calculations. using year 3 as the base year, calculate: In year 2, the inflation rate was In year 3, the inflation rate was In year 4, the inflation rate was % dº Hanna's Meals Year 1 2 3 4 Pasta (dollars per pound) $1.90 2.10 2.25 2.20 Yogurt (dollars per package) $1.00 1.10 1.10 1.20 Lemonade (dollars per bottle) $2.10 2.20 1.95 2.00 Instructions: Round your answers to no decimal place, but do not round values to be used to complete other calculations.

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To calculate the inflation rate between two years we need to use the formula Inflation Rate Year 2 P... View the full answer