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The annual rate of inflation is calculated by: Question 19Answer a. Comparing the CPI of the current year with the CPI of the previous year
The annual rate of inflation is calculated by: Question 19Answer a. Comparing the CPI of the current year with the CPI of the previous year b. Dividing the GDP by the population of a country c. Summing up the values of all goods and services produced in an economy d. Determining the difference between the nominal and real interest rates
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