Select the correct answer.
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 $25.50 in year 2?

a) the cpi is 25.50, and the rate of inflation is 2%.

b) the cpi is 98.03, and the rate of inflation is 1%.

c)the cpi is 98.03, and the rate of inflation is 2%.

d)the cpl is 102.00, and the rate of inflation is 1%.

e)the cpi is 102.00, and the rate of inflation is 2%.