The price of beer rose by 6 the price of pizza rose by 27, Ask an Expert

Economics

The price of beer rose by 6%, the price of pizza rose by 2.7% and the price of chocolate did not rise at all. Also, suppose that beer preresents 8 percent of the economy and pizza represent 31 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.:- M91870054

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