An average consumer in an economy has a fixed basket that consists of 100 gallons of milk and 60 cakes. The prices of these products are given in the table below: Price of a Gallon of Milk Price of a Cake 2017 $2.50 $7.00 2018 $3.00 $9.00 2019 $3.50 $11.00 Assuming the base year to be 2017 calculate the following: Cost of the basket in 2017, 2018 and 2019 Consumer Price Index (CPI) for 2017, 2018 and 2019 Inflation Rate for 2018 and 2019