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Assume you live in an economy in which only two goods are produced. The following is price data on both goods in two different years:

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Assume you live in an economy in which only two goods are produced. The following is price data on both goods in two different years: 2018 2019 A pair of jeans $50 $60 A T-shirt $20 $20 What was the inflation rate between 2018 and 2019? O 25% O 50% O 20% O 14%

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