Hi this is my last bits of points, i Have 10 take it or leave it
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Substitute x = 3 in any given equations. I will do in y = - x + 1
Therefore the answer is (3,-2)
First, get the difference between the price level changes.
Then, divide it by the initial price level, which is 109.
Multiply by 100 to get its percent.
Thefore, the inflation rate during the year is 3.67 percent.