Mathematics, 06.02.2021 02:00, Manglethemango9450

"Inflation" means that, over time, it costs more dollars to maintain the same buying power. The inflation rate is calculated as how much more (in %) it costs to maintain the same buying power over a period of time. An inflation calculator shows that $1000 in 2000 has the same buying power as 1,526 does in 2020. Based on this information, calculate the 20-year inflation rate between 2000 and 2020. Please report your answer in %.

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"Inflation" means that, over time, it costs more dollars to maintain the same buying power. The infl...