Question
Question: For the consumer price index values shown, calculate the rate of inflation in each year from 1930 to 1933. What is unusual about this
Question:
For the consumer price index values shown, calculate the rate of inflation in each year from
1930 to 1933. What is unusual about this period, interpret your results?
Year 1929 1930 1931 1932 1933
CPI 51.3 50.0 45.6 40.9 38.8
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The American Economy
Authors: Walter Greason, William Gorman
1st Edition
1524902675, 9781524902674
