In the Country of Shem, the CPI Is Calculated Using

Multiple Choice

In the country of Shem, the CPI is calculated using a market basket consisting of 5 apples, 4 loaves of bread, 3 robes and 2 gallons of gasoline. The per-unit prices of these goods have been as follows:
Table 24-3

-Refer to Table 24-3.Using 2002 as the base year,what was the inflation rate between 2003 and 2004?

A) 28.5 percent
B) 34.2 percent
C) 47 percent
D) It is impossible to determine without knowing the base year.