5. How long would it take for the price level to double if inflation persisted at (a)...

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5. How long would it take for the price level to double if inflation persisted at

(a) 2 percent per year,

(b) 5 percent per year, and

(c) 10 percent per year? LO29.3

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Economics

ISBN: 9781259723223

21st Edition

Authors: Campbell McConnell, Stanley Brue, Sean Flynn

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