Table 6-2 -Refer to the Table 6-2

question 137

Multiple Choice

Table 6-2
$$\begin{array} { | l | l | l | } \hline \text { Year } & \text { Price of park } & \text { Price of carm } \\\hline 2012 & \$ 20 & \$ 12 \\\hline 2013 & \$ 25 & \$ 18 \\\hline\end{array}$$
-Refer to the Table 6-2.Suppose that the basket of goods in the CPI consisted of 3 units of pork and 4 units of corn.What is the inflation rate for 2013?

• A)21.33 percent
• B)25.00 percent
• C)28.89 percent
• D)36.11 percent

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Definitions:

Demographic Composition

The make-up or structure of a population based on characteristics such as age, gender, ethnicity, and income.

Diversity Management

The optimization of an organization’s multicultural workforce to reach business objectives

Employment Equity

A policy aimed at promoting fair treatment and eliminating discrimination in the workplace, ensuring equal opportunities for all employees.