Multiple Choice
Use the following to answer questions:
-(Table: Peanut Butter and Jelly) Use Table: Peanut Butter and Jelly.Suppose a market basket consists of 20 jars of peanut butter and 10 jars of jelly.If 2012 is the base year,what is the rate of inflation between 2012 and 2013?
A) 4.5%
B) 11.25%
C) 22.5%
D) 44.5%
Correct Answer:

Verified
Correct Answer:
Verified
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