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3.3.3 Practice: Investigate Inflation Use the following basket of goods for years 2006, 2007, and 2008 to answer questions 1 through 10: Good and unit

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3.3.3 Practice: Investigate Inflation Use the following basket of goods for years 2006, 2007, and 2008 to answer questions 1 through 10: Good and unit Quantity Price in 2006 Price in 2007 Price in 2008 Coffee, pounds 3 $10.25 $10.30 $11.25 Gasoline, gallons |30 $3.50 $3.85 $3.30 Cereal, boxes 5 $4.25 $4.25 $4.50 Electricity, kwh 200 $0. 11 $0. 11 $0. 10 Milk, quarts 12 $1.75 $1.80 $1.75 If the basket had been adjusted in 2007 to reduce gasoline consumption to 28 gallons, what would be the inflation rate from 2006 to 2007 (rounded to the nearest tenth)

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