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- How do we obtain the general inflation rate?'UK inflation remained unchanged at 2.8 per cent for the second month in a row, according to official data released on Tuesday. The Office for National Statistics data showed fast rising prices for audio-visual equipment, books, newspapers and stationery in the 12 months to March kept consumer price inflation high. Smaller rises in prices for furniture and furnishings and motor fuels, and lower prices for alcohol contained inflationary pressures. A new measure of consumer price inflation which includes housing costs was also unchanged from February, remaining at 2.6 per cent.' The extract describes an example of... (please state A,B,C or D in the answer) A: constant inflation B: decreasing inflation C: increasing inflation D: zero inflationFind the time it would take for the general level of prices in the economy to double at an average annual inflation rate of 3.1%. What is the appropriate value of i? i= (Type an integer or a decimal.)
- The canadian annual inflation rate exceeds annual increase in canadian wings this statement isca macroeconomic issueFind the time it would take for the general level of prices in the economy to double at an average annual inflation rate of 2.3%.What was the impact of COVID-19 on inflation in South Korea?