Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the next six questions: Assume that the base year is 2012.

-What was the rate of inflation between the two years?
A) 19.44%
B) 8.57%
C) 6.67%
D) 2.38%
E) 16.67%

Question

Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the next six questions: Assume that the base year is 2012.
 
-What was the rate of inflation between the two years?
A) 19.44% 
B) 8.57% 
C) 6.67% 
D) 2.38% 
E) 16.67%

Quizplus · Accepted Answer

The Answer of Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the next six questions: Assume that the base year is 2012.
 
-What was the rate of inflation between the two years?
A) 19.44% 
B) 8.57% 
C) 6.67% 
D) 2.38% 
E) 16.67%

Consider the Following Data That Gives the Quantity Produced and Unit