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An economist predicts that the annual inflation rate will be 6% for 4 years and 7% for the next 6 years. Accordingly, what is the

image text in transcribed An economist predicts that the annual inflation rate will be 6% for 4 years and 7% for the next 6 years. Accordingly, what is the average annual price change forecast for the ten-year period? Select one: a. 1.859389 b. 2.041727 C. 2.003392 d. 2.080069 e. 1.894637

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