suppose that the long run average inflation rate in this economy is equal to the inflation rate observed in 2018. In what year would the level of CPI...
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suppose that the long run average inflation rate in this economy is equal to the inflation rate observed in 2018.

In what year would the level of CPI reach 400?



 Nom GDP           CPI(2010=100)       Real gdp in 2010 dollars

2017    6500                 125                 5200

2018    6890                 130                 5300

2019    8004                138                  5800

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