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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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