se the table below to answer the questions that follow: YEAR 2019 2018 2017 2016 CPI 213.8 212.2 202.6 200.2 Q1. Calculate the inflation rate for the year 2018.
se the table below to answer the questions that follow: YEAR 2019 2018 2017 2016 CPI 213.8 212.2 202.6 200.2 Q1. Calculate the inflation rate for the year 2018.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Practice Pack
Use the table below to answer the questions that follow:
YEAR | 2019 | 2018 | 2017 | 2016 |
213.8 | 212.2 | 202.6 | 200.2 |
Q1. Calculate the inflation rate for the year 2018.
Q2. Does the inflation rate you calculated above fall into the South Africa
inflation target?
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