The market used to calculate the CPI is 3 units of pork and 4 unit of corn. In 2005, pork cost $20 per pound and corn cost $12 per ear. In 2006, pork cost $25 per pound and corn cost $18 per ear. What is the inflation rate for 2006 if the base year is 2005?
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Home » Business » The market used to calculate the CPI is 3 units of pork and 4 unit of corn. In 2005, pork cost $20 per pound and corn cost $12 per ear. In 2006, pork cost $25 per pound and corn cost $18 per ear.