The Following Table Lists the Basket of Goods in the Astro

question 1

Multiple Choice

The following table lists the basket of goods in the Astro Price Index (Assume 2008 is the base year.)
$\begin{array}{|l|c|c|c|c|c|c|} \hline & \begin{array}{c}2008 \\\text { Quantity }\end{array} & \begin{array}{c}2008 \\\text { Price }\end{array} & \begin{array}{c}2009 \\\text { Quantity }\end{array} & \begin{array}{c}2009 \\\text { Price }\end{array} & \begin{array}{c}2010 \\\text { Quantity }\end{array} & \begin{array}{c}2010 \\\text { Price }\end{array} \\\hline \text { Sunglasses } & 8 & \$ 9.00 & 10 & \$ 11.00 & 7 & \$ 10.00 \\\hline \text { Toothpaste } & 15 & 3.00 & 18 & 4.00 & 15 & 4.00 \\\hline \text { Ferrets } & 6 & 12.00 & 4 & 15.00 & 9 & 18.00\\\hline \end{array}$
Table 12.2
-Using the information in Table 12.2, the inflation rate from 2008 to 2009 is about

• A)26 percent.
• B)38 percent.
• C)42 percent.
• D)49 percent.

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