Question 9 Refer to the information provided in Table 22.5 below to answer the question(s) that follow. Table 22.5 Price per Unit in 2014 2015 $2.00 Units Purchased 2013 $2.00 $2.00 2016 $2.10 $2.40 $2.50 $3.00 $3.50 $4.00 Blueberries Pineapples Cheese $2.50 $2.50 $3.00 Refer to Table 22.5. If 2014 is the base year, the inflation rate between 2014 and 2015 is 3.9%. 6.1%. 7.4%. O 10.2%.
Question 9 Refer to the information provided in Table 22.5 below to answer the question(s) that follow. Table 22.5 Price per Unit in 2014 2015 $2.00 Units Purchased 2013 $2.00 $2.00 2016 $2.10 $2.40 $2.50 $3.00 $3.50 $4.00 Blueberries Pineapples Cheese $2.50 $2.50 $3.00 Refer to Table 22.5. If 2014 is the base year, the inflation rate between 2014 and 2015 is 3.9%. 6.1%. 7.4%. O 10.2%.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Question 9
Refer to the information provided in Table 22.5 below to answer the question(s) that follow.
Table 22.5
Price per Unit in
Units Purchased
2013
$2.00
$2.00
$2.50 $3.00
2014 2015
$2.00
2016
$2.10 $2.40
$2.50 $3.00
$3.50 $4.00
Blueberries
8
Pineapples
Cheese
$2.50
Refer to Table 22.5. If 2014 is the base year, the inflation rate between 2014 and 2015 is
3.9%.
6.1%.
7.4%.
O 10.2%.
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