Table 11-12

question 359

Multiple Choice

Table 11-12. Will's expenditures on food for three consecutive years, along with other values, are presented in the table below.
-Refer to Table 11-12. Suppose Will's 2009 food expenditures in 2011 dollars amount to $5,750. Then the inflation rate for 2011 is about

• A)9.08 percent.
• B)9.52 percent.
• C)10.24 percent.
• D)10.78 percent.

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