[College Macroeconomics] I'm trying to find the inflation rate so I can plot the graph in the second image. It gives me the unemployment rate, but all that's shown in the images is the rest of what I have. I have no idea how to calculate it at all.

:Accept-icon: Answered
imgur.com/a/UDxUl96
imgur.com

Posted Apr 20, 2020, 9:06 PM UTC · locked

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SpailsOP:snoo_simple_smile:University/College Student•

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SpailsOP:snoo_simple_smile:University/College Student•

I figured it out.

​

The price level given is 102, so to find the inflation rate for outcome A, you divide 102 by 104, and then subtract the answer from 1 to get the percentage, and then repeat for outcome B. Unfortunate that neither the textbook nor my professor could be bothered enough to bring that up.

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