What is the average rate of inflation


Discuss the below:

One of the largest single influences on the level of interest rates is inflation.

There are a number of sites that report inflation over time. Go to

ftp://ftp.bls.gov/pub/special.requests/cpi/cpiai.txt and review the data available.

Q. What has the average rate of inflation been since 1950, 1960, 1970, 1980, and 1990? What year had the lowest level of inflation? What year had the highest level of inflation?

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