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Table 24-15 ​

Question 551

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Table 24-15

The following table shows the prices of good X and good Y for 2013-2015. In addition, assume the basket of goods used to compute the Consumer Price Index consists of 3 units of good X and 4 units of good Y.
Table 24-15 ​ The following table shows the prices of good X and good Y for 2013-2015. In addition, assume the basket of goods used to compute the Consumer Price Index consists of 3 units of good X and 4 units of good Y. ​   ​ -Refer to Table 24-15. The inflation rate in 2015 was approximately A) ​41%. B) ​70%. C) ​140%. D) ​240%.
-Refer to Table 24-15. The inflation rate in 2015 was approximately


A) ​41%.
B) ​70%.
C) ​140%.
D) ​240%.

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