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The market basket used to calculate the cpi in aquilonia is 4 loaves of bread, 6 gallons of milk, 2 shirts, and 2 pairs of pants. in 2005, bread cost $1.00 per loaf, milk cost $1.50 per gallon, shirts cost $6.00 each, and pants cost $10.00 per pair. in 2006, bread cost $1.50 per loaf, milk cost $2.00 per gallon, shirts cost $7.00 each, and pants cost $12.00 per pair. using 2005 as the base year, what was aquilonia’s inflation rate in 2006?
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The market basket used to calculate the cpi in aquilonia is 4 loaves of bread, 6 gallons of milk, 2...
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