Mathematics, 03.12.2021 05:40, anasstasiyashpa

If inflation has been steady at 3.2% per year for 4 years, the reduction in purchasing power over the 4 years is closest to: a. 6%
b. 12%
c. 14%
d. 22%

Answers: 1

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If inflation has been steady at 3.2% per year for 4 years, the reduction in purchasing power over the 4 years is closest to: a. 6% b. 12% c. 14% d. 22%

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If inflation has been steady at 3.2% per year for 4 years, the reduction in purchasing power over the 4 years is closest to: a. 6%
b. 12%
c. 14%
d. 22%