Table 25-1 The following table pertains to Quicheland, an ec…
Table 25-1 The following table pertains to Quicheland, an economy in which the typical consumer’s basket consists of 11 bushels of apples and 5 bushels of almond .YearPrice of Apples (Dollars per bushel)Price of Almond (Dollars per bushel)Year 1145Year 2913Refer to Table 25-1. If Year 1 is the base year, then the inflation rate in Year 2 was