Table 23-6
The table below contains data for the country of Batterland, which produces only waffles and pancakes. The base year is 2013 .
Prices and Quantities
-Refer to Table 23-6. This country's inflation rate from 2012 to 2013 was
A)35.6%.
B)25.8%.
C)34.8%.
D)100.0%.

Question

Table 23-6
The table below contains data for the country of Batterland, which produces only waffles and pancakes. The base year is 2013 .
Prices and Quantities 
-Refer to Table 23-6. This country's inflation rate from 2012 to 2013 was
A)35.6%. 
B)25.8%. 
C)34.8%. 
D)100.0%.

Quizplus · Accepted Answer

The inflation rate is calculated as the percentage increase in the price level from one year to the next. Without the specific data from Table 23-6, the correct choice is based on the given options and typical inflation rate calculations.

Table 23-6 The Table Below Contains Data for the Country of Batterland