Average inflation rate is _______ the values of the highest and lowest individual inflation rates A. always lower B. always higher C. sometimes within D. sometimes twice E. always within F. sometimes higher

Average inflation rate is _______ the values of the highest and lowest individual inflation rates A. always lower B. always higher C. sometimes within D. sometimes twice E. always within F. sometimes higher

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter22: Inflation

Section: Chapter Questions

Problem 22CTQ: Inflation rates, like most statistics, are imperfect measures. Can you identify some ways that the...

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Question

Average inflation rate is _______ the values of the highest and lowest individual inflation rates

A. always lower

B. always higher

C. sometimes within

D. sometimes twice

E. always within

F. sometimes higher

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