Table 24-6 The Table Below Pertains to Napandsnack, an Economy in Which

question 280

Multiple Choice

Table 24-6
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 24-6. If the base year is 2011, then the economy's inflation rate in 2011 was

• A)-5.0 percent.
• B)-3.3 percent.
• C)3.3 percent.
• D)16.0 percent.

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