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Author Question: Study the following data:YearRetail Price Index1100212031354145Which one of the following represents ... (Read 48 times)

Themember4

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Study the following data:

YearRetail Price Index
1100
2120
3135
4145
Which one of the following represents a correct interpretation of the data over the four years?
◦ Prices are rising but annual inflation is falling.
◦ Prices are falling but annual inflation is rising.
◦ Prices are rising and annual inflation is rising.
◦ Prices are rising and annual inflation is constant.


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Marked as best answer by Themember4 on May 25, 2020

meganlapinski

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Themember4

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)


yeungji

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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