Table 16-12

question 285

Multiple Choice

Table 16-12.Will's expenditures on food for three consecutive years,along with other values,are presented in the table below.

-Refer to Table 16-12.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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