
-The data in the table above shows the consumption by families in a small (poor) economy.The families consume only salt and bread.The reference base period is 2011.The inflation rate between 2011 and 2012 is
A) 52.5 percent.
B) 123.1 percent.
C) 23.1 percent.
D) 18.8 percent.
E) 118.8 percent.
Correct Answer:
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Q49: Q50: Q51: If the prices of the goods and Q52: In a small,agricultural nation,consumers buy only steak Q53: Q55: Q56: Suppose that last year,the price of strawberries Q57: Suppose the CPI for this year is Q58: If the cost of the CPI market Q59: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
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