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LP Homework 10 #8 On July 25, 2011, the average price of a gallon of gasoline...
LP Homework 10 #8
On July 25, 2011, the average price of a gallon of gasoline was $ 3.40. Just 8 years later the price of that same gallon of gas was $ 2.29. What was the rate of inflation (deflation) in the price of a gallon of gas over the period?
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