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4. {12 Marks] A typical family cu Lizard Island buys Duly mangoes and nuts. The cast cf the CPI basket at base [lg-car primes Was

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4. {12 Marks] A typical family cu Lizard Island buys Duly mangoes and nuts. The cast cf the CPI basket at base [lg-car primes Was $3 {$131} on nuts at $tag, and $12G on mangoes at $2 each). In the current year, mangoes are $2.50 each and nuts are $5.0fbag. 3. Calculate the CPI basket {Show your wcrk}. (4} h. Calculate the CPI in the current year {Show your work}. {4] c. Calculate the ination rate in the current year. {Shaw your work]. (4)

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