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The equation calculates an annual rate in economics.
StartFraction final value minus initial value Over initial value EndFraction times 100
What rate does the equation calculate?
employment rate
inflation rate
demand rate
supply rate
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Inflation rate.
This formula gives the percent change (growth rate) from an initial to a final value — commonly used to compute annual inflation as the percentage change in a price index (e.g., CPI).
This formula gives the percent change (growth rate) from an initial to a final value — commonly used to compute annual inflation as the percentage change in a price index (e.g., CPI).
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