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25. Boodand is a country that produces only books. In1990, Bookland produced10,000 books at a market price of $10 each. In 1991, Bookland produced 11,000
25. Boodand is a country that produces only books. In1990, Bookland produced10,000 books at a market price of $10 each. In 1991, Bookland produced 11,000 books at a market price of $12 each. Refer to the scenario above. The rate of inflation in Bookland from 1990 to 1991 was closest to a. 20percent b. 10percent c. 30percent d. 40percent
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