Given the following info calculate the rate of increase in
Given the following info, calculate the rate of increase in the price level (inflation) from Year 2008 to 2009.
Year
2008
2009
Real GDP
$9,500
Nominal GDP
$10,000
$12,000
Now Priced at $10 (50% Discount)
Recommended (92%)
Rated (4.4/5)
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given the following info calculate the rate of increase in the price level inflation from year 2008 to
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