Table 6-5 This Table Pertains to an Economy with Only Two Goods

Multiple Choice

Table 6-5
This table pertains to an economy with only two goods: books and calculators.The fixed basket consists of 5 books and 10 calculators.
-Refer to the Table 6-5.Using 2015 as the base year,what is the inflation rate?

A) 13.3 percent for 2014 and 14.8 percent for 2015
B) 13.3 percent for 2014 and 55.0 percent for 2015
C) 35.0 percent for 2014 and 14.8 percent for 2015
D) 35.0 percent for 2014 and 55.0 percent for 2015