Table 24-8 The Table Below Relates to the Economy of Mainland, Where

question 295

Multiple Choice

Table 24-8
The table below relates to the economy of Mainland, where the typical consumer's market basket consists of 2 televisions and 300 hamburgers.
-Refer to Table 24-8. If the base year is 2013, then the economy's inflation rate in 2014 is

• A)11.1 percent.
• B)200 percent.
• C)10 percent.
• D)90 percent.

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