Table 11-5
The table below pertains to Napandsnack, an economy in which the typical consumer's basket consists of 2 pillows and 15 hotdogs.
-Refer to Table 11-5. If the base year is 2009, then the economy's inflation rate in 2010 is
A) 20 percent.
B) 25 percent.
C) 30 percent.
D) 120 percent.
Correct Answer:
Verified
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