Table 24-5
The table below pertains to Wrexington, an economy in which the typical consumer's basket consists of 20 pounds of meat and 10 toys.
-Refer to Table 24-5. If the base year is 2006, then the inflation rate in 2005 was
A)-44.5%.
B)-30.8%.
C)7.7%.
D)12.5%.

Question

Table 24-5
The table below pertains to Wrexington, an economy in which the typical consumer's basket consists of 20 pounds of meat and 10 toys. 
-Refer to Table 24-5. If the base year is 2006, then the inflation rate in 2005 was
A)-44.5%. 
B)-30.8%. 
C)7.7%. 
D)12.5%.

Quizplus · Accepted Answer

The Answer of Table 24-5
The table below pertains to Wrexington, an economy in which the typical consumer's basket consists of 20 pounds of meat and 10 toys. 
-Refer to Table 24-5. If the base year is 2006, then the inflation rate in 2005 was
A)-44.5%. 
B)-30.8%. 
C)7.7%. 
D)12.5%.

Table 24-5 The Table Below Pertains to Wrexington, an Economy in Which