Multiple Choice
Consumers in an economy buy only three general types of products,A,B,and C.Changes in the prices of these items from year 1 to year 2 are shown below:
Using year 1 as the base year,the country's inflation rate,from year 1 to year 2 is
A) 0%
B) 3.9%
C) 5.2%
D) 6.3%
Correct Answer:
Verified
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