1. Click here to see the values for the CPI from 1943 to the present. Recall that the CPI is a measure of the price level. It is an index number that equals 100 in the base period, 1932-34. W 0 What is the value for the CPI in May 2022? 0 Do the math: 96 changee price levei since base year = M) a: 100 = l w]$ 100 =CPIM Zsz 10C (1le 100 "I '36 o Prices are 56 higher today than they were in the base period, 1932-34. 0 What is the value for the CPI in May 2021? 0 Compute the ination rate in May 2022, as measured by the percent change in the CPI between May 2021 and May 2022