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Given the following: Prices in 2022 $ Prices in 2023 $ Quantity Consumed in 2022 Quantity Consumed in 2023 Hamburger 3.50 4.50 16 18 Taco

Given the following: Prices in 2022 $ Prices in 2023 $ Quantity Consumed in 2022 Quantity Consumed in 2023 Hamburger 3.50 4.50 16 18 Taco 3.00 3.50 5 7 This simplified economy's CPI basket contained only hamburgers and tacos as shown in this table. The base year is 2022. What was the rate of inflation that this economy experienced during 2023? Question 27 options: 23.1% 28.6% 36.7% 26.8%

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