23. What is the inflation rate from 2015 to 2020 based on your CPI calculation in the above questions? A.100%B.-1.11%C.1.12%D.61.11%

Show Timer Question Completion Status: Once again, an economy produces and consumes only two products: Starbucks coffee and Krispy Kreme doughnuts. Both goods are in the consumer basket. The following table gives the appropriate data for two different years. 2015 is the base year so base year quantities are fixed in the basket. 2015 2020 Price of Coffee (per cup) $3 $5 50 Quantity of Coffee 50 75 Price of doughnuts (per box) $4 $6 Quantity of doughnuts (# of boxes) 75 55 Using the above table, what is the Consumer Price Index (CPI) for 2015, using 2015 as the base year? O 100 O 161.11 O 101 12 98.89 QUESTION 22 Using the above table, what is the Consumer Price Index (CPI) for 2020, using 2015 as the base year? 100 98.89 101.12 161.11 Click Save and Submit to save and submit. Click Save All Answers to save all answers. hp