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Goodday John,
Referring to Avto Plc Dec 03 may i know why the inflation for germany component starts at yr 2 instead of yr 1 which line does it says so or can you provide me justification of the line in question that implied such? Thank you very much
Note (vii) in the question says that the unit costs given are those throughout year 1.
(I do suggest that you watch my free lectures because I stress the importance of the exact wording in relation to inflation)
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