Multiple Choice

-Consumers in a country buy only two goods,sneakers and manicures.The prices and quantities purchased by urban households are in the table above.The reference base year is 2011.The inflation rate between 2011 and 2012 is
A) $15.
B) 15.0 percent.
C) $10.
D) 10.3 percent.
E) 9.0 percent.
Correct Answer:
Verified
Related Questions
Q37: When calculating the CPI,the Bureau of Labor
Q38: Each month the CPI is calculated by
A)recording
Q39: For the CPI,the market basket of goods
Q40: What is the good or service is