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Mathematics, 11.12.2019 01:31 mem8163

9. art's grandfather is on a fixed income. which of the following is true?
a. inflation causes his purchasing power to go down
b. inflation causes his purchasing power to go up
c. inflation has no effect on his purchasing power
10. freaky flakes cost $1.78 last year. this year a box costs $2.59. what is the inflation rate, to the nearest tenth percent?
a. 44.1%
b. 45.5%
c. 46.8%
d. 47.3%
11. amy, a senior, bought a car last year so that she could drive to school on the days when she needed to stay after class for practice. she spent $155 last year for gas. this year she spent $195. disregarding other factors, what is the inflation rate?
a. 27.1%
b. 25.2%
c. 26.8%
d. 25.8%
12. if your annual income from a part-time job is $2,698 and the inflation rate is 4%, what is the purchasing power of your income?
a. $2498.03
b. $2428.03
c. $2590.08
d. $2678.01
13. bart had an income of $45,670 last year. if the inflation rate is 4.5%, what is his purchasing power?
a. $43,614.85
b. $43,924.95
c. $44,543.75
d. $44,998.15

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9. art's grandfather is on a fixed income. which of the following is true?
a. inflation cause...
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