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The Canadian Consumer Price Index (based on a value of 100 in 1971) rose from 97.2 in 1970 to 210.6 in 1980. What was the
The Canadian Consumer Price Index (based on a value of 100 in 1971) rose from 97.2 in 1970 to 210.6 in 1980. What was the equivalent) annual rate of Inflation in the decade of the 1970s? (Round your answer to 2 decimal places.) Annual rate of inflation in the decade of the 1970s % The Consumer Price Index (based on a value of 100 in 1986) rose from 67.2 In 1980 to 119.5 in 1990. What was the equivalent) annual rate of inflation in the decade of the 1980s? (Round your answer to 2 decimal places.) Annual rate of inflation in the decade of the 1980s 0 % Calculate the annual rate of inflation for the 1970-1990 period. (Note: Simply averaging the two answers of the rate of inflation In the decade of the 1970s and 1980s will give only an approximation of the correct result.) (Round your answer to 2 decimal places.) Annual rate of inflation for the 1970-1990 period
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