In 2010, the average cost of a house in France is 126,000 euros. In 2018, the average cost is 154,000 euros. Using the price of the average house for reference, the inflation rate of the Euro increased by a factor of in eight years.

This problem has been solved! see the answerwhich of the following statements is correct? the consumer price index is a measure of the overall level of prices, whereas the gdp deflator is not a measure of the overall level of prices. if, in the year 2011, the consumer price index has a value of 123.50, then the inflation rate for 2011 must be 23.50 percent. compared to the gdp deflator, the consumer price index is the more common gauge of inflation. the consumer price index and the gdp deflator reflect the goods and services bought by consumers equally well.