The accompanying table contains two price indexes for the years 2011, 2012, and 2013: the GDP deflator

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The accompanying table contains two price indexes for the years 2011, 2012, and 2013: the GDP deflator and the CPI. For each price index, calculate the inflation rate from 2011 to 2012 and from 2012 to 2013. image text in transcribed

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Macroeconomics

ISBN: 9781464110375

4th Edition

Authors: Paul Krugman, Robin Wells

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Question Posted: Feb 28, 2024 04:01 AM

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The accompanying table contains two price indexes for the years 2011, 2012, and 2013: the GDP deflator

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Year 2011 2012 2013 GDP deflator 103.199 105.002 106.588 CPI 224.939 229.594 232.957

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Macroeconomics

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