3) Imagine a simple economy where people consume only two goods, food and clothing, as shown in the table below. Further, assume that the market basket of goods used to compute the CPI consists of 100 units of food and 20 units of clothing. Yearly Price per Unit Food Clothing 2004 price per unit $8 $20 2005 price per unit $12 $40 A Series Name GDP (constant 2010 US$) GDP per capita (constant 2010 US$) Population, total Employment to population ratio, 15+, total (%) (modeled ILO estimate) Employment in agriculture (% of total employment) (modeled ILO B 1991 $8,991,486,398,945 $35,542 252,981,000 C 2019 % change $18,273,171,614,484 103.23% $55,670 56.63% 328,239,523 29.75% 60.64 59.76 -1.44% estimate) 1.90 1.34 -29.66% Employment in industry (% of total employment) (modeled ILO estimate) 26.02 19.81 -23.89% Employment in services (% of total employment) (modeled ILO estimate) 72.07 78.85 9.41% Data from database: World Development Indicators E F G H J K