The table below displays an economy that produces only two goods: rubber ducks and laptop chargers…

The table below displays an economy that produces only two
goods: rubber ducks and laptop chargers for the years 2015 and
2016. Using the GDP-deflator, the inflation rate between 2015 and
2016 is approximately equal to

Place Order

2015

price./quantity

2016

price/quantity

rubber ducks $2 / 3,000 $3 / 2,000
laptops $10 / 4,000 $11.50 / 3,000

13.58%

1.358%

19.12%

1.912%

100%

1%