=+12. The accompanying table provides the inflation rate in the year 2005 and the average inflation rate

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=+12. The accompanying table provides the inflation rate in the year 2005 and the average inflation rate over the period 2006-2015 for seven different countries.

‘Average inflatio Inflation rate in | n rate in 2006- Country 2005 2015 Brazil 6.87% 5.70%

China 1.82 2.89 France 1.90 147 Indonesia 10.46 6.82 Japan -0.27 0.32 Turkey 8.18 8.30 United States 3.37 1.96 Data from: IME.

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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