A bag contains 3 red cubes, 4 yellow cubes, and 3 green cubes. You choose a cube without looking, note its color, and put the cu
2 answers:
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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.