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A skateboard costs $72.80 this year. Suppose it cost just $70 last year. What is the inflation rate on the skateboard?
A skateboard costs $72.80 this year. Suppose it cost just $70 last year. What is the inflation rate on the skateboard?
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To calculate the inflation rate we can use the following formula Inflat...
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International Economics
Authors: Robert C. Feenstra, Alan M. Taylor
3rd edition
978-1429278515, 142927851X, 978-1319029517, 1319029515, 978-1429278447
