Year Price of Peaches Price of Pecans 2012 $11 per bushel $6 per bushel 2013 $9 per bushel $10 per bushel Refer to Table 24-2. If 2012 is the base year, then the inflation rate in 2013 was a. 23.5 percent. b. 1.04 percent. c. 10 percent. d. 4.4 percent. ...
