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The table below shows the total expenditure on a basket of goods and services for six consecutive years. Use this information to calculate the inflation
The table below shows the total expenditure on a basket of goods and services for six consecutive years. Use this information to calculate the inflation rate since the previous year for 2004 and 2005, and enter your answers in that order. (Round each answer to two decimal places.) Provide your answer below: 2004 % 2005- % Year Total Expenditure Inflation Rate 2000 $15,144 2001 $24,514 2002 $30,138 2003 $34,078 2004 $43,235 2005 $53,715
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