Question: Use the values for nominal GDP and real GDP given in the following table to calculate the inflation rate during 1930: 1929 5103.6 billion 5977.0

Use the values for nominal GDP and real GDP given in the following table to calculate the inflation rate during 1930:
Use the values for nominal GDP and real GDP given

1929 5103.6 billion 5977.0 billion 1930 Nominal GDP Real GDP $91.2 billion $892.8 billion

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