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Business, 05.03.2020 14:12 brandyrushing3

Briefly explain whether you agree or disagree with the following statement: "I don't believe the government price statistics. The CPILOADING... for 2016 was 208208, but I know that the inflation rateLOADING... couldn't have been as high as 108108 percent in 2016." A. Disagree. The inflation rate is always the same as the natural rate of unemployment, which is about 5%. B. Disagree. The inflation rate is the percentage increase in the price level from the previous year, not the base year. C. Agree. A CPI of 208208 is a 108108% increase from 100, which is impossible. D. Agree. A CPI of 208208 is a 108108% increase in the price level from the base year. The inflation rate in 2016 is 108108%.

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Briefly explain whether you agree or disagree with the following statement: "I don't believe the gov...
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