An economy is experiencing very high inflation. The manthly inflation rate for September is 112%. What is the daily inflation rate? (Please provide your answer with only one decimal place in the following way: Xy, please type X.y, that is if your answer is 20.2%, type 20.

An economy is experiencing very high inflation. The manthly inflation rate for September is 112%. What is the daily inflation rate? (Please provide your answer with only one decimal place in the following way: Xy, please type X.y, that is if your answer is 20.2%, type 20.

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter7: Unemployment And Inflation

Section: Chapter Questions

Problem 4.10P

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