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If the inflation rate increases from 2% to 4%, how much more will a $100 item co

Practice Questions

Q1
If the inflation rate increases from 2% to 4%, how much more will a $100 item cost after one year?
  1. $2
  2. $4
  3. $6
  4. $8

Questions & Step-by-Step Solutions

If the inflation rate increases from 2% to 4%, how much more will a $100 item cost after one year?
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