7 For the consumer price index values shown, calculate the rate of inflation in each year from...

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7 For the consumer price index values shown, calculate the rate of inflation in each year from 1930 to 1933. What is unusual about this period, relative to recent experience? Year CPI 1929 51.3 1930 1931 50.0 45.6 1932 40.9 1933 38.8

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Macroeconomics

ISBN: 126148

6th Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore

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