6. Use table below to answer questions Year Price of bread Price of cheese 2015 $1 $3 2016 $2 $6 2017 $3 $6 a. Using 2016 as the base year, calculate the CPI for 2017 Price of a book $10 $20 $25 b....

Use table below to answer questions

Year

Price of bread

Price of cheese

2015

2016

2017

Using 2016 as the base year, calculate the CPI for 2017

Price of a book

$10

$20

$25

b. Using 2016 as the base year, calculate the CPI for 2015

Calculate the inflation rate between 2015 and 2016

d. Calculate the inflation rate between 2016 and 2017

Oct 03, 2022

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