Answered

Westonci.ca is the Q&A platform that connects you with experts who provide accurate and detailed answers. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

If the price level rose in three consecutive years from 100 to 120 to 140, then the inflation rate over those years would?

Sagot :

If the price level rose in three consecutive years from 100 to 120 to 140, then the inflation rate over those years would Decrease.

Annual inflation rate is

x=[(120-100)/100] × 100

x= 20%

In the year 3, price level was 140, hence, the inflation rate

y= [(140-120)/120] × 100

y= 16.67%.

Since, we see a continuous fall in percentage  the annual inflation rate over those years would decrease.

To learn more about inflation from the given link

https://brainly.com/question/26639522

#SPJ4

bonsaybonsai475

Ang ganda ng l4ngit no tol

Akyat kana hahaha

Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.