Consider the following basket of goods: 10 loaves of bread, 300 oranges, four pairs of jeans, and two pairs of shoes. Suppose that in 2017, each loaf of bread was $2.99, each orange was $1, each pair of jeans was $47, and each pair of shoes was $95. In 2018, each loaf of bread was $2.99, each orange was $0.75, each pair of jeans was $49.50, and each pair of shoes was $99.99. What was the inflation rate in 2018?
A)-4.2%
B)1.2%
C)8.4%
D)-7.8%

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The Answer of Consider the following basket of goods: 10 loaves of bread, 300 oranges, four pairs of jeans, and two pairs of shoes. Suppose that in 2017, each loaf of bread was $2.99, each orange was $1, each pair of jeans was $47, and each pair of shoes was $95. In 2018, each loaf of bread was $2.99, each orange was $0.75, each pair of jeans was $49.50, and each pair of shoes was $99.99. What was the inflation rate in 2018?
A)-4.2%
B)1.2%
C)8.4%
D)-7.8%

Consider the Following Basket of Goods: 10 Loaves of Bread