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Table 5-4
Use the Following Table to Answer the Following

Question 132

Multiple Choice

Table 5-4
Use the following table to answer the following questions.
 Year  Price of  Burgers  Quantity of  Burgers  Price of  Maganines  Quantity of  Maganines 2010$4.00100$2.001802011$5.00120$2.502002012$6.00150$3.50200\begin{array} { | l | c | c | c | c | } \hline \text { Year } & \begin{array} { c } \text { Price of } \\\text { Burgers }\end{array} & \begin{array} { c } \text { Quantity of } \\\text { Burgers }\end{array} & \begin{array} { c } \text { Price of } \\\text { Maganines }\end{array} & \begin{array} { c } \text { Quantity of } \\\text { Maganines }\end{array} \\\hline 2010 & \$ 4.00 & 100 & \$ 2.00 & 180 \\\hline 2011 & \$ 5.00 & 120 & \$ 2.50 & 200 \\\hline 2012 & \$ 6.00 & 150 & \$ 3.50 & 200 \\\hline\end{array}
-Refer to the Table 5-4.Using the GDP deflator to measure the average level of prices and using 2010 as the base year,what is the economy's inflation rate?


A) 20 percent for 2011 and 12.5 percent for 2012
B) 20 percent for 2011 and 30 percent for 2012
C) 25 percent for 2011 and 28 percent for 2012
D) 44.7 percent for 2011 and 45.5 percent for 2012

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