Suppose that beer preresents 22 percent of the economy and, Ask an Expert

Economics

Suppose that the price of beer rose by 2.2%, the price of pizza rose by 5.3% and the price of chocolate did not rise at all. Also, suppose that beer preresents 22 percent of the economy and pizza represent 4 percent. Chocolate is the rest of the economy. What was the inflation rate for this economy?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9445348

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