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29.11.2020 07:31
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Between 2015 and 2016, the country of North Grogolia experienced a growth rate of

Between 2015 and 2016, the country of North Grogolia experienced a growth rate of -1.4%. If nominal GDP had increased by 3.1% and the population growth was recorded at 0.7%, then calculate the annual inflation rate in North Grogolia. Give your answer to one decimal.
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griffin27298
griffin27298
4,9(82 marks)

Purchasing power

Explanation:

the amount of money you have that is available to use immediately

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