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The table below pertains to Iowan, an economy in which the typical consumer's basket consists of 3 pounds of pork and 4 bushels of corn.- Year: 2008 / 2009- Price of Pork: $20 per pound / $25 per pound- Price of Corn: $12 per bushel / $18 per bushelRefer to Table 24-2. If 2008 is the base year, then the inflation rate in 2009 wasa. 26.5 percent.b. 36.1 percent.c. 39 percent.d. 47 percent.
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