Table 24-5 the Table Below Pertains to Yackandsnack,an Economy in Which the Which

question 327

Multiple Choice

Table 24-5
The table below pertains to Yackandsnack,an economy in which the typical consumer's basket consists of 2 cell phones and 20 ham sandwiches.

-Refer to Table 24-5.If the base year is 2007,then the economy's inflation rate in 2008 was

• A) 1.05 percent.
• B) 4.8 percent.
• C) 5 percent.
• D) 10 percent.

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