In 11 of 19 > Macmillan Learning On Orca Island, people consume fish sandwiches and snow cones. Use the data in the table to calculate the inflation rate from 2013 to 2014, based on the Consumer Price Index (CPI). Take 2013 as your base year. Round your answer to two decimal places. Price in Quantity in Price in Quantity in 2013 2013 2014 2014 Fish $7.00 800 $8.00 750 sandwiches Snow cones $4.00 1500 $4.50 1100 inflation rate: Fate: %
In 11 of 19 > Macmillan Learning On Orca Island, people consume fish sandwiches and snow cones. Use the data in the table to calculate the inflation rate from 2013 to 2014, based on the Consumer Price Index (CPI). Take 2013 as your base year. Round your answer to two decimal places. Price in Quantity in Price in Quantity in 2013 2013 2014 2014 Fish $7.00 800 $8.00 750 sandwiches Snow cones $4.00 1500 $4.50 1100 inflation rate: Fate: %
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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