The economy of Tuland only produces two products fish and calculators. ---------

Question

The economy of Tuland only produces two products fish and calculators.
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2009 2010
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Quantity of fish 180 189
Quantity of calculators 60 78
Price of fish $10 $12.50
Price of calculators $20 $21.60
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Using 2010 as the base year, compute the percentage change in the price leve, i.e. the inflation rate. hint: you need to compute the GDP deflation first.

Also, what is the chain linked inflation rate?

Explanation / Answer

chane linked inflation rate is 9% If you need the solution then ask.

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