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What was the inflation rate between 2010 and 2011? Enter your inflation rate as a whole number, so that 6% is '6' not '0.06'

What was the inflation rate between 2010 and 2011? Enter your inflation rate as a whole number, so that 6% is '6' not '0.06'

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Use the following data for this question. Price of Year Chickens 2010 $5 2011 $6 2012 $6. Quantity of Chickens 100 150 200 Price of Ducks $8 $10 $12 Quantity of Ducks 80 100 180 What was the inflation rate between 2010 and 2011? Enter your inflation rate as a whole number, so that 6% is '6' not '0.06'
Transcribed Image Text:Use the following data for this question. Price of Year Chickens 2010 $5 2011 $6 2012 $6. Quantity of Chickens 100 150 200 Price of Ducks $8 $10 $12 Quantity of Ducks 80 100 180 What was the inflation rate between 2010 and 2011? Enter your inflation rate as a whole number, so that 6% is '6' not '0.06'
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