Question $17$

$1$ Point

Based on the Case in Point titled "Take Me Out to the Ball Game $...",$ suppose the average price of the baseball fan market basket was $$121\mathrm{.}36$ in $1998,$ compared to $$234\mathrm{.}38($for the same basket$)$ in $2019.$ Calculate the inflation rate experienced by a typical baseball fan over this period.

$16\mathrm{.}88\%$

$38\mathrm{.}51\%$

$93\mathrm{.}10\%$

$71\mathrm{.}03\%$Question $17$

$1$ Point

Based on the Case in Point titled "Take Me Out to the Ball Game $...",$ suppose the average price of the baseball fan market basket was $$121\mathrm{.}36$ in $1998,$ compared to $$234\mathrm{.}38($for the same basket$)$ in $2019.$ Calculate the inflation rate experienced by a typical baseball fan over this period.

$16\mathrm{.}88\%$

$38\mathrm{.}51\%$

$93\mathrm{.}10\%$

$71\mathrm{.}03\%$