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Year Price of Strawberries Quantity of Strawberries Price of Steak Quantity of Steak 2018 $4 10 $10 5 2019 $5 15 $10 5 2020 $6
| Year | Price of Strawberries | Quantity of Strawberries | Price of Steak | Quantity of Steak |
| 2018 | $4 | 10 | $10 | 5 |
| 2019 | $5 | 15 | $10 | 5 |
| 2020 | $6 | 20 | $15 | 5 |
Using the table above, what is the inflation rate between 2019 and 2020 using the GDP deflator and base year 2018?
Group of answer choices
5.0%
10.0%
25.0%
32.0%
40.0%
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Leading and Collaborating in the Competitive World
Authors: Thomas S Bateman, Scott A Snell, Robert Konopaske
13th edition
1259927644, 1259927645, 978-1260194241
