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Suppose the value of the consumer price index (CPI) is 110 in year 1,121 in year 2,and 133.1 in year 3.Assume also that the price of computers increases by 3% between year 1 and year 2,and by another 3% between year 2 and year 3.The price level is increasing,the inflation rate is _______,and the relative price of computers is _________.
Job Candidate
An individual who applies for or is being considered for employment in a particular role or position.
Self-Worth
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Neutral Tone
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