Table 24-5 The Table Below Pertains to Wrexington, an Economy in Which

Multiple Choice

Table 24-5
The table below pertains to Wrexington, an economy in which the typical consumer's basket consists of 20 pounds of meat and 10 toys.
-Refer to Table 24-5. If the base year is 2004, then the inflation rate in 2006 was

A) 44.4%.
B) 50%.
C) 62.5%.
D) 80%.