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Author Question: Study the following data:YearRetail Price Index1100211031204130Which one of the following represents ... (Read 45 times)

LCritchfi

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Study the following data:

YearRetail Price Index
1100
2110
3120
4130
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 rising and annual inflation is constant.
◦ Prices are falling but annual inflation is rising.
◦ Prices are rising and annual inflation is rising.


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Marked as best answer by LCritchfi on May 25, 2020

rosiehomeworddo

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LCritchfi

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review


shewald78

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Reply 3 on: Yesterday
Excellent

 

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