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Home Q & A Board Other Fields Homework Help Business Economics
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Dymondmonae Dymondmonae
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4 years ago
If the price index in period 3 is 125 and the price index in period 4 is 140, the rate of inflation between period 3 and period 4 is

▸ 10.7%.

▸ 15%.

▸ 12%.

▸ cannot be determined from this information because the base year is not known.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
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nick1116nick1116
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4 years ago
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4 years ago
You make an excellent tutor!
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