-In 2008, consumers in Dexter consumed only books and pens. The prices and quantities for 2008 and 2009 are listed in the table above. The reference base period for Dexter's CPI is 2008. What is the inflation rate in 2009?
A) zero
B) 31 percent
C) 2 percent
D) 69 percent

Question

-In 2008, consumers in Dexter consumed only books and pens. The prices and quantities for 2008 and 2009 are listed in the table above. The reference base period for Dexter's CPI is 2008. What is the inflation rate in 2009?
A) zero 
B) 31 percent 
C) 2 percent 
D) 69 percent

Quizplus · Accepted Answer

The Answer of 
-In 2008, consumers in Dexter consumed only books and pens. The prices and quantities for 2008 and 2009 are listed in the table above. The reference base period for Dexter's CPI is 2008. What is the inflation rate in 2009?
A) zero 
B) 31 percent 
C) 2 percent 
D) 69 percent

-In 2008, Consumers in Dexter Consumed Only Books and Pens