9. The following table includes price and quantity information on the only two goods produced in an economy. Answer each of the following ques- tions based on that information. Food Food Clothing Clothing Year Price Quantity Price Quantity 1998 $30 10 $20 1999 $45 20 $25 (a) What are the individual inflation rates for both food and clothing? (b) Using 1998 as the base year (for weights and normalization), com- pute the value of the Consumer Price Index for both years? (c) What whas the average rate of inflation between 1998 and 1999? Is it the arithmetic average of the two rates in part a) above? Why or why not? (d) Assume that over the same periods your income jumped by 60 percent, $10,000 to $16,000. Express those values in 1998 dollars and compute the percentage change in your real income