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Consumers in Studentland buy Pizza and Pepsi nothing else. Prices and quantities are shown in the table below. Year Slices of Pizza Price per Slice
Consumers in Studentland buy Pizza and Pepsi nothing else. Prices and quantities are shown in the table below.
Year | Slices of Pizza | Price per Slice | Cans of Pepsi | Price per Can |
2015 | 40 | 10 | 10 | 20 |
2016 | 60 | 12 | 20 | 24 |
The annual rate of inflation between 2015 and 2016 was
Select one:
A.20 percent.
B.67 percent.
C.100 percent.
D.60 percent.
E.40 percent.
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