The following data are for Argentina from 1985 to 2005. Year GDP Price Index 1985............................. 0.003 1986.............................

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The following data are for Argentina from 1985 to 2005.
Year GDP Price Index
1985............................. 0.003
1986............................. 0.005
1991............................. 86.129
2000............................. 100.000
2005............................. 169.609
a. Calculate the compound average annual inflation rate from 1985 to 1986, 1985 to 1991, 1991 to 2000, and 2000 to 2005.
b. Write a brief report that compares Argentina's inflation rate from 1985 to 1991, 1991 to 2000, and 2000 to 2005.
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