11. A small nation of ten people idolizes the TV show American Idol. All they produce and consume are karaoke machines, CDs, and computers. Based on the information in the following Table, please solve questions (11-1) to (11-9). Please note that d and e are all real positive parameters. Karaoke Machines CDs Computers Quantity Price Quantity Price Quantity Price 2000 2d 7e 2d 3e 3d Be 2001 2d 8e 8d 2c 9d 2002 3d 3d 3e Ad 20 2003 4d 3e 9d 8e 6d 2004 5d 6d 5e 2d 2005 6d ge 4d 60 6d (11-1) What is the percentage change in the price of Karaoke Machines between 2001 and 2002? (11-2) Using 2001 as the base year and fixing the basket at 2 Karaoke Machines, 4 CDs, and 1 Computer, what is the cost of basket (CoB) of 2001? (11-3) Using 2001 as the base year and fixing the basket at 2 Karaoke Machines, 4 CDs, and 1 Computer, what is the cost of basket (CoB) of 2004? (11-4) Using 2001 as the base year and fixing the basket at 2 Karaoke Machines, 4 CDs, and 1 Computer, what is the consumer price index (CPI) of 2004? (11-5) Using 2001 as the base year and fixing the basket at 2 Karaoke Machines, 4 CDs, and 1 Computer, what is the cost of basket (CoB) of 2005? (11-6) Using 2001 as the base year and fixing the basket at 2 Karaoke Machines, 4 CDs, and 1 Computer, what is the consumer price index (CPI) of 2005? (11-7) Using 2001 as the base year and fixing the basket at 2 Karaoke Machines, 4 CDs, and 1 Computer, what is the CPI inflation rate of 2005? (11-8) Rather than purchasing the CPI-basket, the consumers actually bought 0 Karaoke Machines, 2 CDs, and 1 Computer in 2005, then what is the true cost of basket of this consumer in 2005? (11-9) Continued with Question (11-8), if the consumer bought the CPI-basket in 2004, what is the percentage change of the cost of living of this consumer between 2004 and 2005