Table 24-2 -Refer to Table 24-2.Suppose the Basket of Goods in the of Goods

question 81

Multiple Choice

Table 24-2

-Refer to Table 24-2.Suppose the basket of goods in the CPI consisted of 3 units of pork and 4 units of corn.What is the inflation rate for 2006 if the base year is 2005?

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

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