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Question 35 (7 points) The CPI in 2019 was 252.4 and the CPI in 2020 was 261.6. Calculate the inflation rate between 2019 and 2020.

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Question 35 (7 points) The CPI in 2019 was 252.4 and the CPI in 2020 was 261.6. Calculate the inflation rate between 2019 and 2020. If the market interest rate was 4.6% over this time, calculate the real interest rate. If GDP was growing at 2 %, use the inflation rate to calculate the money supply growth rate

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