What percentage of the CPI market basket is gasoline? Calculate the value of Suzies CPI in Week

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What percentage of the CPI market basket is gasoline? Calculate the value of Suzie’s CPI in Week 2 and her inflation rate in Week 2.

Use the following information to work Problems 4 and 5.

The GDP price index in the United States in 2008 was about 99, and real GDP in 2008 was $14.8 trillion (2009 dollars). The GDP price index in 2013 was about 107, and real GDP in 2013 was $15.5 trillion (2009 dollars).

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