Question

The monthly market basket for consumers consists of pizza, t-shirts, and rent. The table below shows market basket quantities and prices for the base year (Year 1) and in the following two years. Product Base Year (Year 1) Quantity Pizza Price in the Base Year $2.50 $10.00 $300.00 Price in Year 2 $3.13 $9.00 $330.00 Price in Year 3 $3.38 $8.50 $390.00 T-Shirts Rent The inflation rate between Year 1 and Year 2 is The inflation rate between Year 2 and Year 3 is %. (Round both answers to one decimal place.) %.

Answer 1

Inplation bel rake = of charge in CPI CPL2 Consumer price sedex. Now , Cpr - fmarket basket (173) of Turmentyes. FB of bare year 123 ѕ ѕt ѕ. Рые занял я на урок 1 • 10-s - 1 5 2-н Ч<s, 1x 360 = 3.5 + 4 + 30 - 319-5 10 мест 2 : Рих Чун = I{ч 3-13 + Чx94 14 3 30 - Ч6-95 + 2+ , 33 - Ҷo3: 95

мыз: мо х 4wя з - 154 35 35+ я 3+ 1 x 390 - So1+34+ 390 : £ 44, + с руы - Ф тв <st je \ MB baseyer) - here bare year is geori в ру-с 1 - (322-с 21. xls» - оо Сучаи, хоо с 1 и 3. - Jo2 149 ч. 3 ), -) Хоъ 32-5 * 125 «Ч

Now Inplaton Rate - (Physi2 oplyser (4 von years I uplyard 100 (9) -- ) 2106 - Т-1. (1) в з ріусыз - Рул. ) , (Plyers 12ѕ Эч - от 17:24 | leh/ X100 - 19:St J. (1)