Inflation The consumer price index (CPI) of a certain country is given by I(t) = -0.02t³ + 0.4² +126 (0 ≤ t ≤ 4) where t = 0 corresponds to the beginning of 2013. Find the annual percentage rate of inflation in the CPI of the country at the beginning of 2015. (Round your answer to three decimal places.) %/year

Inflation The consumer price index (CPI) of a certain country is given by I(t) = -0.02t³ + 0.4² +126 (0 ≤ t ≤ 4) where t = 0 corresponds to the beginning of 2013. Find the annual percentage rate of inflation in the CPI of the country at the beginning of 2015. (Round your answer to three decimal places.) %/year

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter17: Inflation

Section: Chapter Questions

Problem 5SQ

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