Table 6-5
This Table Pertains to an Economy with Only

Table 6-5
This table pertains to an economy with only two goods: books and calculators. The fixed basket consists of 5 books and 10 calculators.
$$\begin{array} { | l | c | c } \hline \text { Year } & \text { price of Bouks } & \text { price of Calculators } \\\hline 2011 & \$ 24 & \$ 8 \\\hline 2012 & \$ 30 & \$ 12 \\\hline 2013 & \$ 32 & \$ 15 \\\hline\end{array}$$
-Refer to the Table 6-5.Using 2011 as the base year,what is the inflation rate?

A) 13.3 percent for 2012 and 14.8 percent for 2013
B) 13.3 percent for 2012 and 55.0 percent for 2013
C) 35.0 percent for 2012 and 14.8 percent for 2013
D) 35.0 percent for 2012 and 55.0 percent for 2013