Question
If the GDP deflator in 2020 is equal to 140, the GDP deflator in 2019 is equal to 130 and the GDP deflator in 2018
If the GDP deflator in 2020 is equal to 140, the GDP deflator in 2019 is equal to 130 and the GDP deflator in 2018 is equal to 125 then the inflation rate in 2020 is equal to
Select one:
a. 7.14%
b. 7.69%
c. 4%
d. 12%
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Survey of Economics
Authors: Irvin B. Tucker
8th edition
1111989664, 978-1133713357, 1133713351, 978-1111989668
