Table 24-7. The table below applies to an economy with only two goods - hamburgers and hot dogs. The fixed basket consists of 4 hamburgers and 8 hot dogs.
-Refer to Table 24-7. Between 2009 and 2011, the cost of living increased by
A)6 percent.
B)19 percent.
C)14 percent.
D)17 percent.

Question

Table 24-7. The table below applies to an economy with only two goods - hamburgers and hot dogs. The fixed basket consists of 4 hamburgers and 8 hot dogs. 
-Refer to Table 24-7. Between 2009 and 2011, the cost of living increased by
A)6 percent. 
B)19 percent. 
C)14 percent. 
D)17 percent.

Quizplus · Accepted Answer

The Answer of Table 24-7. The table below applies to an economy with only two goods - hamburgers and hot dogs. The fixed basket consists of 4 hamburgers and 8 hot dogs. 
-Refer to Table 24-7. Between 2009 and 2011, the cost of living increased by
A)6 percent. 
B)19 percent. 
C)14 percent. 
D)17 percent.