3. In Queensland, there are only 3 goods popcorn, movie shows, and diet drinks The following table shows the prices and quantities produced of these goods in 2005, 2006 and 2007 1995 1996 1997 Popcom 1.00 500 1.00 600 1.05 590 Movie Shows 5.00 300 10.00 200 10.50 210 Diet Drinks 0.70 300 0 80 400 0.75 420 a. A "market bundle" for a typical family is deemed to be 5 popcom 3 movie shows and 3 diet dnnks Compute the consumer price index (CPI) for each of the three years, using 1980 as the base year b What was the rate of inflation from 1996 to 1997, using the CPI you calculated in (a)? c. Now compute the CPI for each of the three years, using 1996 as the base year instead of 1997 but using the same "market bundle