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Table 24-7

Question 229

Multiple Choice

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. 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. If the base year is 2010, then the economy's inflation rate in 2010 is A) 8 percent. B) 10 percent. C) 10.91 percent. D) 11.11 percent.
-Refer to Table 24-7. If the base year is 2010, then the economy's inflation rate in 2010 is


A) 8 percent.
B) 10 percent.
C) 10.91 percent.
D) 11.11 percent.

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