Scenario: a Typical Resident of the Country of Univertopia Consumes

Multiple Choice

Scenario: A typical resident of the country of Univertopia consumes a simple basket of goods consisting of soda, pizza, and Frisbees. The base year's basket contains 500 sodas, 200 pizzas, and 40 Frisbees. The prices of these goods over 8 years are given in the table.

-Refer to the scenario above.Using 2014 as the base year,the inflation rate in 2017 is ________.

A) 2.5 percent
B) 6.7 percent
C) 9.3 percent
D) 12.3 percent