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Given the following information, calculate the rate of increase in the price level (inflation rate) from year 2008 to 2009. Year 2008 2009 Real

Given the following information, calculate the rate of increase in the price level (inflation rate) from year 2008 to 2009. Year 2008 2009 Real GDP $9500 $9500 Nominal GDP $10000 $12000

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