In 1989, US inflation was 4.6% a year. In 1989 Argentina had an inflation rate of about
Chapter 0, Problem 12(choose chapter or problem)
In 1989, US inflation was 4.6% a year. In 1989 Argentina had an inflation rate of about 33% a month. (a) What is the yearly equivalent of Argentinas 33% monthly rate? (b) What is the monthly equivalent of the US 4.6% yearly rate?
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