The table below shows the index numbers for the cost of a basket of goods and services in each period. Use this information to calculate the inflation rate since the previous period. Enter the answers in order starting with Period 2. (Round to two decimals.) Provide your answer below: %; %; % Period 1 Period 2 Period 3 Period 4 Index Number 168 185 192 196 Inflation Rate
The table below shows the index numbers for the cost of a basket of goods and services in each period. Use this information to calculate the inflation rate since the previous period. Enter the answers in order starting with Period 2. (Round to two decimals.) Provide your answer below: %; %; % Period 1 Period 2 Period 3 Period 4 Index Number 168 185 192 196 Inflation Rate
Chapter13: Inflation
Section: Chapter Questions
Problem 7SQP
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