subject
Mathematics, 10.12.2020 03:20 genesis6154

The table below lists the prices from last year and the base year for a college-related basket of goods. Assume that the typical basket of goods for a college student consists of 200 gallons of gas, 60 pizzas, 45 6-packs, and 3 textbooks. Basket of College-Related Goods

Basket of Goods Price Base Year (dollars) Price Last Year (dollars)
Gasoline (per gallon) $ 1.40 $ 1.75
Pizza (per pizza) 3.75 7.70
Beer (per 6-pack) 3.95 6.70
Textbook (per book) 95.00 223.00

Instructions: Round your answers to 2 decimal places.

a. Using the values above, what is the rate of inflation between the base year and last year?

%

b. Assume that rather than buying textbooks for their courses last year, all students decided to buy online access cards at $100 per textbook. What is the rate of inflation between the base year and last year now

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 21:00
Ade and abc are similar. which best explains why the slope of the line between points a and d is the same as the slope between points a and b?
Answers: 2
question
Mathematics, 22.06.2019 00:20
Find the power set of each of these sets, where a and b are distinct elements. a) {a} b) {a, b} c) {1, 2, 3, 4} show steps
Answers: 1
question
Mathematics, 22.06.2019 01:20
Find the axis of symmerty for x y=x squared -4x-8
Answers: 1
question
Mathematics, 22.06.2019 01:30
Someone me! will award brainliest if u explain and answer!
Answers: 3
You know the right answer?
The table below lists the prices from last year and the base year for a college-related basket of go...
Questions
question
Arts, 12.01.2021 23:30
question
Mathematics, 12.01.2021 23:30
question
French, 12.01.2021 23:30
Questions on the website: 13722359