The table below applies to an economy with only two goods -hamburgers and hot dogs. The fixed basket consists of 4 hamburgers and 8 hot dogs.  Year 2009 Hamburgers $5.50 Hot dogs $3.00 Year 2010 Hamburgers $5.50 Hot dogs $3.30 Year 2011 Hamburgers $5.61 Hot dogs $3.63 If the base year is 2009 what is the inflation rate for the economy in 2010 and 2011?

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The table below applies to an economy with only two goods -hamburgers and hot dogs. The fixed basket consists of 4 hamburgers and 8 hot dogs. 

Year 2009 Hamburgers $5.50 Hot dogs $3.00

Year 2010 Hamburgers $5.50 Hot dogs $3.30

Year 2011 Hamburgers $5.61 Hot dogs $3.63

If the base year is 2009 what is the inflation rate for the economy in 2010 and 2011?

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