What term do economists use to describe the second outcome

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If the CPI was 120 last year and is 144 this year, what is this year's rate of inflation?

In contrast, suppose that the CPI was 120 last year and is 114 this year. What is this year's rate of inflation?

What term do economists use to describe this second outcome?

Reference no: EM13210083

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What term do economists use to describe the second outcome : If the CPI was 120 last year and is 144 this year, what is this year's rate of inflation In contrast, suppose that the CPI was 120 last year and is 114 this year. What is this year's rate of inflation What term do economists use to describe this seco..

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