Answered: the function l (t) = -0.2t3 +3t2 +100…

the function l (t) = -0.2t3 +3t2 +100 for 0<= y<= 9 gives the CPI of an economy, where t =0 corresponds to the beginning of 2016. Calculate the inflation rate at the beginning of 2022 (t=6)

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter13: Inflation

Section: Chapter Questions

Problem 8SQP

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the function l (t) = -0.2t³ +3t² +100 for 0<= y<= 9 gives the CPI of an economy, where t =0 corresponds to the beginning of 2016. Calculate the inflation rate at the beginning of 2022 (t=6)

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