12:03 SOS 78 Question 1 0.25 / 0.25 pts CYU#1: The cost of a pound of ground beef in June of 2018 was $3.84. The cost of a pound of ground beef in June of 2022 was about $4.78. Did the cost of the ground beef from June-2018 to Jun-2022 increase in price faster than the rate of inflation? Yes, cost of ground beef rose faster than inflation. O No, cost of ground beef was slower than rate of inflation. O They rose at the same rate. t Question 2 0 / 0.5 pts CYU#1 part b: Use the info from CYU#1 above to answer the following question. If ground beef had rose at the same rate as inflation, what should the cost have been in June-2022? 23.2 Imc.instructure.com12:04 SOS 78 Correct answers are hidden. Score for this attempt: 0.5 out of 1 Submitted Mar 6 at 12:03pm This attempt took less than 1 minute. Use the CPI table to help answer the questions below. Year Annual Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2017 245.1 242.8 243.6 243.8 244.5 244.7 245.0 244.8 245.5 246.8 246.7 246.7 246.5 2018 251.1 247.9 249.0 249.6 250.5 251.6 252.0 252.0 252.1 252.4 252.9 252.0 251.2 2019 255.7 251.7 252.8 254.2 255.5 256.1 256.1 256.6 256.6 256.8 257.3 257.2 257.0 2020 258.8 258.0 258.7 258.1 256.4 256.4 257.8 259.1 259.9 260.3 260.4 260.2 260.5 2021 271 261.6 263 264.9 267.1 269.2 271.7 273.0 273.6 274.3 276.6 277.9 278.8 2022 292.7 281.1 283.7 287.5 289.1 292.3 296.3 296.3 296.2 296.8 298 297.7 296.8 Question 1 0.25 / 0.25 pt CYU#1: The cost of a pound of ground beef in June of 2018 was $3.84. The cost of a pound of ground beef in June of 2022 was about $4.78. Did the cost of the ground beef from June-2018 to Jun-2022 increase in price faster than the rate of inflation? AA Imc.instructure.com