Prices 2019 $4.00 $1.25 2018 $3.50 $1.00 Quantities Consumed per Week 2018 2019 4 3 7 8 Hamburgers Cans of soft drinks
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Prices 2019 $4.00 $1.25 2018 $3.50 $1.00 Quantities Consumed per Week 2018 2019 4 3 7 8 Hamburgers Cans of soft drinks
2019
If 2018 is used as the base year, what is the inflation rate
from 2018 to 2019?
Use 2018 and 2019 prices to calculate the value of a consumer's
shopping basket in 2018.
Prices 2019 $4.00 $1.25 2018 $3.50 $1.00 Quantities Consumed per Week 2018 2019 4 3 7 8 Hamburgers Cans of soft drinks