a) Compute a nominal price index for oranges using 2003 as the base period. Year Nominal Price Index 2003 100 2005 78 2007 94 2009 97 2011 88 2013 88 b) Recompute the CPI using 2003 as the base year. Year Consumer Price Index 2003 100 2005 103 2007 106 2009 108 2011 109 2013 111 c) Construct a real price index for oranges using your answers from a) and b). Year Real Price Index 2003 100 2005 2007 2009 0 2011 2013 OO Official Time: 22:57:07