Measure of inflation is the annual rate of change

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One commonly used measure of inflation is the annual rate of change of the Consumer Price Index (CPI).

A TV news story says that the rate of change of inflation for consumer prices is increasing. What does this say about the shape of the graph of the CPI?

Reference no: EM131268803

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Measure of inflation is the annual rate of change : A TV news story says that the rate of change of inflation for consumer prices is increasing. What does this say about the shape of the graph of the CPI?

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