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.
Definitions:
Albany Congress
A meeting of representatives from several American colonies held in 1754 in Albany, New York, to discuss better relations with Native American tribes and united defense against France.
Population Increase
The rise in the number of individuals within a specific geographic area, due to factors like birth rates, migration, and mortality rates.
Great Wagon Road
A historical route extending from Pennsylvania to North Carolina, used during the 18th century by settlers moving south and west across the Appalachian Mountains.
Q28: If the price of Italian shoes imported
Q37: Refer to Table 24-8. The cost of
Q49: The price of milk increases dramatically, causing
Q219: Write the formula for finding the rate
Q237: Some data that at first might seem
Q258: Suppose the price for one gallon of
Q272: In calculating the CPI, a fixed basket
Q393: Refer to Table 24-5. If the base
Q479: In addition to investment in physical and
Q479: Refer to Table 24-1. What belongs in