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Consider the following consumption bundle: ltem 2015 2018 Burgers P3.73 9.0 P4.69 Q2.0 Coffee P1.75 Q6.0 P2.61 Q 9.0 What is the average annual inflation
Consider the following consumption bundle: ltem 2015 2018 Burgers P3.73 9.0 P4.69 Q2.0 Coffee P1.75 Q6.0 P2.61 Q 9.0 What is the average annual inflation over this three year period? Record your unitless answer as a decimal (IE 5% would be 0.05) to 4 decimals places. Note: It is possible to have deflation (a negative rate of inflation). Answer: (0.0951)
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