Multiple Choice
Table 24-4
The table below pertains to Studious, an economy in which the typical consumer's basket consists of 5 books and 10 calculators.
-Refer to Table 24-4. The inflation rate was
A) 24.3 percent in 2013 and 22.5 percent in 2014.
B) 23.8 percent in 2013 and 9.5 percent in 2014.
C) 23.8 percent in 2013 and 7.7 percent in 2014.
D) 24.3 percent in 2013 and 7.3 percent in 2014.
Correct Answer:

Verified
Correct Answer:
Verified
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