Table 11-5
the Table Below Pertains to Napandsnack, an Economy

question 94

Multiple Choice

Table 11-5
The table below pertains to Napandsnack, an economy in which the typical consumer's basket consists of 2 pillows and 15 hotdogs. $$\begin{array} { | c | c | c | } \hline \text { Year } & \begin{array} { c } \text { Price of a } \\\text { pilldw }\end{array} & \begin{array} { c } \text { Price af a } \\\text { Hotdlog }\end{array} \\\hline 2009 & \$ 40 & \$ 3 \\\hline 2010 & \$ 45 & \$ 4 \\\hline 2011 & \$ 50 & \$ 3 \\\hline\end{array}$$
-Refer to Table 11-5. If the base year is 2010, then the economy's inflation rate in 2010 was

• A)10.5 percent.
• B)15.0 percent.
• C)20.0 percent.
• D)25.00 percent.

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