Table 16-1 the Table Below Pertains to Pieway,an Economy in Which the Which

question 297

Multiple Choice

Table 16-1
The table below pertains to Pieway,an economy in which the typical consumer's basket consists of 10 bushels of peaches and 15 bushels of pecans.

-Refer to Table 16-1.If 2005 is the base year,then the inflation rate in 2006 was

• A) 16.7 percent.
• B) 20 percent.
• C) 40 percent.
• D) 44.1 percent.

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