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If the price index rose from 250 in year 1 to 389 in year 2, then the rate of inflation for this economy in year

If the price index rose from 250 in year 1 to 389 in year 2, then the rate of inflation for this economy in year 2 would be:

Question 55 options:

a)

55.6 percent.

b)

25.6 percent.

c)

61.2 percent.

d)

35 percent.

e)

None of the above

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