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Table 24-10 The table below shows the prices of baseballs and baseball bats ...

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Table 24-10

The table below shows the prices of baseballs and baseball bats for three years. Assume the typical consumer's basket consists of 6 baseballs and 2 baseball bats.

Year

Price of a

Baseball

Price of a

Baseball Bat

2008

$3.25

$75

2009

$3.75

$82

2010

$4.50

$96

Refer to Table 24-10. The inflation rate was
0%
0%
0%
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