Table 5-4
Use the Following Table to Answer the Following

question 76

Multiple Choice

Table 5-4
Use the following table to answer the following questions.
$$\begin{array} { | l | c | c | c | c | } \hline \text { Year } & \begin{array} { c } \text { Price of } \\\text { Burgers }\end{array} & \begin{array} { c } \text { Quantity of } \\\text { Burgers }\end{array} & \begin{array} { c } \text { Price of } \\\text { Maganines }\end{array} & \begin{array} { c } \text { Quantity of } \\\text { Maganines }\end{array} \\\hline 2010 & \$ 4.00 & 100 & \$ 2.00 & 180 \\\hline 2011 & \$ 5.00 & 120 & \$ 2.50 & 200 \\\hline 2012 & \$ 6.00 & 150 & \$ 3.50 & 200 \\\hline\end{array}$$
-Refer to the Table 5-4.Using the GDP deflator to measure the average level of prices and using 2010 as the base year,what is the economy's inflation rate?

• A)20 percent for 2011 and 12.5 percent for 2012
• B)20 percent for 2011 and 30 percent for 2012
• C)25 percent for 2011 and 28 percent for 2012
• D)44.7 percent for 2011 and 45.5 percent for 2012

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