In 2025 the CPI rose 10 percent; in 2026 it rose 6 percent; and in 2027 it

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In 2025 the CPI rose 10 percent; in 2026 it rose 6 percent; and in 2027 it rose 2 percent. We could describe 2027 as a year of . (LO6)

a) infl ation

b) disinfl ation

c) defl ation

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Economics

ISBN: 125375

10th Edition

Authors: Stephen Slavin

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