Question: From the data in Table 14-1 in the text calculate the average annual inflation rate of first class postage as measured by the LCI for

From the data in Table 14-1 in the text calculate the average annual inflation rate of first class postage as measured by the LCI for the following years:

(a) End of 1970 to end of 1979

(b) End of 1980 to end of 1989

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a LCI1970 100 LCI1979 250 n 9 i i 250100 19 1 107 b LCI1980 250 LCI19... View full answer

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