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Table 24-14 TOPICS

question 449

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Table 24-14
TOPICS:
Price levels
Inflation
KEYWORDS:
BLOOM'S: Application
CUSTOM ID:
020.24 - SAE - MANK08
Table 24-15
The table below lists the prices of chips and salsa for the months of October, November, and December. Assume that the typical consumer buys 8 bags of chips and 4 jars of salsa each month, and that October is the base period. Table 24-14 TOPICS: Price levels Inflation KEYWORDS: BLOOM'S: Application CUSTOM ID: 020.24 - SAE - MANK08 Table 24-15 The table below lists the prices of chips and salsa for the months of October, November, and December. Assume that the typical consumer buys 8 bags of chips and 4 jars of salsa each month, and that October is the base period.   -Refer to Table 24-15. Calculate the inflation rate for November.
-Refer to Table 24-15. Calculate the inflation rate for November.


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