Question 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.) Index Number Period 1 225 Period 2 252 Period 3 262 Period 4 267 Provide your answer below: 1%; %; % ☐ Inflation Rate

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