What was the inflation rate in Lukistan in 1993?
What was the inflation rate in Lukistan in 1991?
In Lukistan, what was the inflation rate in the base year?
Homework Answers
a) Inflation rate in the year 1993 is 105 - 100 = 5%.
b) Inflation rate in the year 1991 will be 100 -95 = -5%.
c) The base year here is 1992 and in that year the inflation will be considered as zero.
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What was the inflation rate in Lukistan in 1993?
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