Use the Following Information to Answer the Following Questions

Multiple Choice

Use the following information to answer the following questions.
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 litres of gasoline. The per-unit prices of these goods have been as follows:
Table 6-3

-Refer to Table 6-3. What was the inflation rate, as measured by the CPI, between 2007 and 2008?

A) -8.89 percent
B) -7.14 percent
C) 3.75 percent
D) 11.25 percent
E) It is impossible to determine without knowing the base year.