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-In 2008, Consumers in Dexter Consumed Only Books and Pens

Question 284

Multiple Choice

-In 2008, consumers in Dexter consumed only books and pens. The prices and quantities for 2008 and 2009 are listed in the table above. The reference base period for Dexter's CPI is 2008. What is the inflation rate in 2009? A) zero B) 31 percent C) 2 percent D) 69 percent
-In 2008, consumers in Dexter consumed only books and pens. The prices and quantities for 2008 and 2009 are listed in the table above. The reference base period for Dexter's CPI is 2008. What is the inflation rate in 2009?


A) zero
B) 31 percent
C) 2 percent
D) 69 percent

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