Table 6-5 The Table Below Pertains to Napandsnack, an Economy in Which

question 263

Multiple Choice

Table 6-5
The table below pertains to Napandsnack, an economy in which the typical consumer's basket consists of 2 pillows and 15 hotdogs.

-Refer to Table 6-5. If the base year is 2010, then the economy's inflation rate in 2010 was

• A) 10.5 percent.
• B) 15.0 percent.
• C) 20.0 percent.
• D) 25.00 percent.