Multiple Choice
Table 24-8
The table below relates to the economy of Mainland, where the typical consumer's market basket consists of 2 televisions and 300 hamburgers.
-Refer to Table 24-8. If the base year is 2013, then the economy's inflation rate in 2014 is
A) 11.1 percent.
B) 200 percent.
C) 10 percent.
D) 90 percent.
Correct Answer:

Verified
Correct Answer:
Verified
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