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An analyst gathered the following year-end price level data for an economy: 2007 193.00 2011 209.30 2012 215.80 What is the economys annual inflation rate

An analyst gathered the following year-end price level data for an economy:

2007 193.00
2011 209.30
2012 215.80

What is the economys annual inflation rate for 2012?

What is the average compounded inflation rate for 20072012?

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