3. Suppose that a hypothetical "consumer market basket" consists only of Goods B and C, in the quantity: B = 10 and C = 6. As in question #1, use 2021 as a base year (i.e., 2021 = 100).

3. Suppose that a hypothetical \"consumer market basket\" consists only of Goods B and C, in the quantity: B= 10 and C = 6. As in question #1, use 2021 as a base year (i.e., 2021 = 100). Year 2020 Year 2021 Year 2022 Quantity of Good A 10 12 14 Price of Good A $0.50 $1.00 $1.50 Quantity of Good B 3 6 9 Price of Good B $1.00 $2.00 $3.00 Quantity of Good C 20 20 20 Price of Good C $0.25 $0.25 $0.25 a. What is the total money value spent on the consumer market basket in 20227 b. Calculate the CPI for 2021 and 2022. c. What is the inflation rate from 2021 to 2022? d. If an individual's nominal income rises 50%, what 1s the growth rate of their real income? e. If the base year was updated to 2022, what would be the CPI values for 2021 and 2022? f. With the \"updated\" CPI values from question \"e\