In the above table, the inflation rate between 2012 and 2013 is approximately
A) 0.9 percent.
B) 1 percent.
C) 10 percent.
D) 100 percent.
Question 2
The above figure shows Dana's marginal benefit curve for ice cream. If the price of ice cream is 2 per gallon, then Dana's consumer surplus from the 4th gallon
A) is greater than her consumer surplus from the 8th gallon.
B) is the same as her consumer surplus from the 8th gallon.
C) is less than her consumer surplus from the 8th gallon.
D) could be greater than, equal to, or less than the consumer surplus from the 8th gallon.
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