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How long would it take for the price level to double if inflation persisted at the following percentages? 17.5 percent per year 35 percent per year 3.5 percent per year

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter13: Inflation

Section: Chapter Questions

Problem 7SQP

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How long would it take for the price level to double if inflation persisted at the following percentages?

17.5 percent per year

35 percent per year

3.5 percent per year

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