Use the Table Below to Answer the Following Questions

Multiple Choice

Use the table below to answer the following questions.
Table 5.3.1
Suppose a simple economy produces three goods only.The price and output data for two years are shown below.

-Refer to Table 5.3.1.The reference base period is 2002.Which one of the following statements is true?

A) From 2002 to 2017, the cost of the market basket rose by 58 percent.
B) The inflation rate in 2017 is greater than the inflation rate in 2002.
C) It costs 158 times more in 2017 than it does in 2002 to buy the same market basket.
D) The inflation rate in 2002 is greater than the inflation rate in 2017.
E) All prices have risen by the same amount.