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

---

Definitions:

Standard

A level of quality or attainment used as a measure, norm, or model in comparative evaluations.

Selfish

Prioritizing one's own needs or desires over those of others; acting with concern for oneself above others or the common good.

Rational

Pertaining to reasoning or logical thinking, often involving a systematic process of thinking to arrive at a conclusion.

Ego

In psychoanalytic theory, the part of the personality responsible for dealing with reality, balancing the demands of the id and superego.