Essay
Use the following to answer questions : 
-(Table: Muffin Price Index) Look at the table Muffin Price Index. A college town has many small coffee shops, and they all sell muffins. As an economics project you have been assigned to compile a muffin price index (MPI). The base year is 2009. Use these data to compute the rate of inflation in the MPI between:
a. 2009 and 2010.
b. 2008 and 2011.
Correct Answer:
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