What are the year-2 CPI and the rate of inflation from year 1 to year 2 for a basket of goods that costs $25.00 in year 1 and $2
5.50 in year 2?
2 answers:
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This could be a parallelogram, but it also could easily be an isosceles trapezoid. A trapezoid is a figure with only one pair of parallel sides. An isosceles trapezoid is a trapezoid where the non-parallel sides are the same length. It's similar to an isosceles triangle.
Because this could be an isosceles trapezoid, this means we don't have enough information. See the attached image below for an example.
