Question: Zimbabwe is going through hyperinflation. The table below shows what Zimbabwe residents spent on a basket of goods and services in three consecutive years. Use
Zimbabwe is going through hyperinflation. The table below shows what Zimbabwe residents spent on a basket of goods and services in three consecutive years. Use this information to calculate the inflation rate since the previous year for 2017. (Round your answer to two decimal places.) Year Total Expenditure Inflation Rate 2015 $10,440 2016 $35,860 2017 $425,045
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