A Consumer Expenditure Survey in Sparta shows that people buy only juice and cloth. Prices In 2018, the year of the Consumer Expenditure Survey and also the reference base year, 2018 2019 the average household spent $18 on juice and $18 on cloth. Juice $2 a bottle $5 a bottle The table sets out the prices of juice and cloth in 2018 and 2019. Cloth $6 a yard $3 a yard Calculate the CPI in 2019 and the inflation rate between 2018 and 2019. . . . The CPI in 2019 is > > Answer to 1 decimal place. The inflation rate between 2018 and 2019 is percent. > > Answer to 1 decimal place. > > If your answer is negative, include a minus sign. If your answer is positive, do not include a plus sign.Classify each of the following items as a final good or an intermediate good, and identify whether it is a component of consumption expenditure, investment, or government expenditure on goods and services: Item 1. New battle ship bought by the U.S. navy. Item 2. A DVD bought by a household. Item 3. A new apartment building. Item 4. Coffee beans bought by Starbucks. Item 1 is and item 2 is O A. a final good that is consumption expenditure, an intermediate good O B. a final good that is government expenditure; a final good that is consumption expenditure O C. a final good that is government expenditure; an intermediate good O D. a final good that is consumption expenditure; a final good that is consumption expenditure Item 3 is and item 4 is O A. a final good that is investment; a final good that is government expenditure O B. an intermediate good; a final good that is government expenditure O C. a final good that is investment; an intermediate good O D. an intermediate good; an intermediate goodThe nominal interest rate is 4 percent a year and the real interest rate is 5 percent a year. What is the inflation rate? The inflation rate is percent a year. >>> If your answer is negative, include a minus sign. If your answer is positive, do not include a plus sign