Compute the inflation rate for each year 1999-2002 and, Ask an Expert

Economics

Here are some recent data on the U.S. consumer price index:

Year CPI
1999 166.6
2000 172.2
2001 177.1
2002 179.9

Compute the inflation rate for each year 1999-2002 and determine which years were years of inflation. In which years did deflation occur? In which years did disinflation occur? Was there hyperinflation in any year?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M966012

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