The accompanying table contains two price indexes for the years 2009, 2010, and 2011: the GDP deflator

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The accompanying table contains two price indexes for the years 2009, 2010, and 2011: the GDP deflator and the CPI. For each price index, calculate the inflation rate from 2009 to 2010 and from 2010 to 2011.

Year GDP deflator CPI 2009 109.729 214.537 2010 110.992 218.056 2011 113.359 224.939

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Essentials Of Economics

ISBN: 9781429278508

3rd Edition

Authors: Paul Krugman, Robin Wells, Kathryn Graddy

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Question Posted: Oct 02, 2024 06:00 AM

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The accompanying table contains two price indexes for the years 2009, 2010, and 2011: the GDP deflator

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Essentials Of Economics

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