If the Price Level This Year Was 140 and Was

question 172

Short Answer

If the price level this year was 140 and was 135 last year, what was the inflation rate to the nearest decimal?

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Definitions:

Entrepreneurs

Individuals who create, launch, and manage new businesses, often taking on greater than normal financial risks.

Expansion And Growth

Strategic actions taken by a business to increase its size, revenue, or market presence, either through organic growth or acquisitions.

Serial Entrepreneur

Person who starts one business, runs it, and then starts and runs additional businesses in succession.

Social Media

Online platforms and technologies that facilitate social interaction, content sharing, and community building among users.