Table 24-4 the Table Below Pertains to Wrexington,an Economy in Which the Which

question 235

Multiple Choice

Table 24-4
The table below pertains to Wrexington,an economy in which the typical consumer's basket consists of 20 pounds of meat and 10 toys.

-Refer to Table 24-4.If the base year is 2006,then the inflation rate in 2005 was

• A) -44.5%.
• B) -30.8%.
• C) 7.7%.
• D) 12.5%.

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