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December 19, 2014

December 19, 2014

Posted by **Laura** on Sunday, October 13, 2013 at 9:39pm.

cost on 2009 is 20.50

Consumer price index (20.50/15.00)x100=137

I understand that part but my professor said to measure inflation he gave the answer 37% divide 37/4=9.25%

4 number of years

9.25% annual rate inflation

how did he get 37 I am confused

- Macroeconomics -
**Steve**, Monday, October 14, 2013 at 12:12am20.50/15.00 = 1.37

so, an item increased by 37% in 4 years.

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