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 50.0 1931 45.6 1932 40.9 1933 38.8

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Macroeconomics Value Edition

ISBN: 978-0136114895

7th Edition

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

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