Question: 16. Use the data in table 1 to express the continuously compounding annual rate of inflation from 1972 to 1973 . Expressed as a percent

16. Use the data in table 1 to express the continuously compounding annual rate of inflation from 1972 to 1973 . Expressed as a percent rounded to one decimal place. Table 1. personal consumption expenditures price index (PCEPI) 1970-1975) 197020.9197121.8197222.5197323.8197426.2197528.5 A. 0.1 B. 1.3 (WRONG) C. 5.5 D.5.8

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