The Canadian Consumer Price Index (Based on a Value of 100

question 285

Short Answer

The Canadian Consumer Price Index (based on a value of 100 in 1971) rose from 97.2 in 1970 to 113.5 in 1980. What was the (equivalent) annual rate of inflation in the decade of the 1970s?

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Definitions:

Genetic Component

Referring to the contribution of genes or hereditary factors in the development or manifestation of an organism's traits or conditions.

Serotonin

A neurotransmitter that impacts mood, emotion, and sleep, playing a crucial role in regulating mental and emotional states.

Specific Phobia

an intense, irrational fear of or aversion to a particular object, situation, or activity that poses little to no actual danger.

Intense Fear

A profound feeling of dread or terror, often triggered by perceived threats or dangerous situations.