An economy is experiencing very high inflation. The manthly inflation rate for September is 112%. What is the daily inflation rate? (Please provide your answer with only one decimal place in the following way: Xy, please type X.y, that is if your answer is 20.2%, type 20.

An economy is experiencing very high inflation. The manthly inflation rate for September is 112%. What is the daily inflation rate? (Please provide your answer with only one decimal place in the following way: Xy, please type X.y, that is if your answer is 20.2%, type 20.

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter7: Unemployment And Inflation

Section: Chapter Questions

Problem 7E

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