Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter8: Economic Fluctuations, Unemployment, And Inflation
Section: Chapter Questions
Problem 12CQ
Related questions
Question
If the price index in 2017 is 132 and the price index in 2018 is 114, the rate of inflation between 2017 and 2018 is
-5.8%
15.8%
6.4%
-13.6%
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