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Suppose in 2018 a country's price index was P18 = 160. In 2019, it was P19 = 176. In 2020, it was P20 = 193.

Suppose in 2018 a country's price index was P18 = 160. In 2019, it was P19 = 176. In 2020, it was P20 = 193. Which of the following statements is correct pertaining to this time frame? Group of answer choices Annual inflation was increasing. Annual inflation stayed constant. Real wages must have been falling. Annual inflation was decreasing. We had deflation

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