ble: Price Levels 221.3 227.7 232.2 234.8 2011 2012 2013 2014 ference: Ref 8(23)-9 Table: Price Levels able: Price Levels) Use Table: Price Levels. What is the rate of inflation from 2012 o 2013? A) 6.4% B) 4.5% O C) 2.9% D) 2.0%

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Table: Price Levels
2011
221.3
2012
227.7
2013
232.2
2014
234.8
Reference: Ref 8(23)-9 Table: Price Levels
(Table: Price Levels) Use Table: Price Levels. What is the rate of inflation from 2012
to 2013?
O A) 6.4%
O B) 4.5%
C) 2.9%
D) 2.0%
Transcribed Image Text:Table: Price Levels 2011 221.3 2012 227.7 2013 232.2 2014 234.8 Reference: Ref 8(23)-9 Table: Price Levels (Table: Price Levels) Use Table: Price Levels. What is the rate of inflation from 2012 to 2013? O A) 6.4% O B) 4.5% C) 2.9% D) 2.0%
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