Table 11-2
The table below pertains to Iowan, an economy in which the typical consumer's basket consists of 3 pounds of pork and 4 bushels of corn.
-Refer to Table 11-2. If 2008 is the base year, then the inflation rate in 2009 was
A) 26.5 percent.
B) 36.1 percent.
C) 39 percent.
D) 47 percent.
Correct Answer:
Verified
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