Table 24-16 The table below lists annual consumer price index and inflation rates for a country over the period 2010-2013. Assume the year 2010 is used as the base year. Year 2010 2011 2012 2013 Consumer Price Index 100 120 JA 134 Inflation Rate B 15% C Refer to Table 24-16. Calculate the missing value that belongs in space C.
Table 24-16 The table below lists annual consumer price index and inflation rates for a country over the period 2010-2013. Assume the year 2010 is used as the base year. Year 2010 2011 2012 2013 Consumer Price Index 100 120 JA 134 Inflation Rate B 15% C Refer to Table 24-16. Calculate the missing value that belongs in space C.
Chapter1: Making Economics Decisions
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![Table 24-16
The table below lists annual consumer price index and inflation rates for a country over the period 2010-2013. Assume the year 2010 is used as
the base year.
Year
2010
2011
2012
2013
Consumer
Price Index
100
120
JA
134
Inflation Rate
B
15%
C
Refer to Table 24-16, Calculate the missing value that belongs in space C.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4519c93f-2b3d-4a28-b4f6-889eef9ba3ec%2Fa2773cdc-44f4-4283-88a8-de05efb34166%2F1lwa11w_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Table 24-16
The table below lists annual consumer price index and inflation rates for a country over the period 2010-2013. Assume the year 2010 is used as
the base year.
Year
2010
2011
2012
2013
Consumer
Price Index
100
120
JA
134
Inflation Rate
B
15%
C
Refer to Table 24-16, Calculate the missing value that belongs in space C.
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