Multiple Choice
Figure 14.2 
-In Figure 14.2,given the economy is at point A in year 1 and point B in year 2,what is the rate of increase in the price level (the inflation rate) between those two years?
A) 1.8 per cent
B) 2.7 per cent
C) 3.0 per cent
D) 0.9 per cent
Correct Answer:
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