Calculate the annual inflation rate of these three cases. Input the highest inflation rate below. (Write your answer in percentage terms. If you get 0.3, then type 30.)

What is the inflation rate?Assume that the velocity of money is constant. (Write your answer in percentage. If your answer is 0.0222, write 2.22.)

If the borrower and lender agree to a loan at 8% when the inflation rate 3%, then 8% is the ________ interest rate and 5% is the _________ interest rate.

What is the formula for calculating the inflation rate?Multiple choice question.(price index this year - price index last year) x price index last year(price index this year - price index last year) / price index this year x 100(price index this year - price index last year) / price index last year x 100(price index this year - price index last year) x 100

Consider an economy that produces only good A and good B. In year 1, this economy produced 12,000 units of good A and 8,000 units of good B. In year 2, this economy produced 11,000 units of good A and 8,500 units of good B. The per unit prices in each year are given in the table below. Year 1 Year 2Good A $500 $300Good B $550 $350Assuming year 1 to be the base year, find the level of inflation using GDP deflators. Group of answer choices9.8%12.11%10.1%13.7%

If the price index in period 2 is 109 and the price index in period 3 is 125, the rate of inflation between period 2 and period 3 isChoose one answer from the options below.16.0%14.7%9.0%8.7%