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b. Calculate the CPI for 2019, and 2020. C. What is the inflation rate for 2018 - 2019? d. What is the inflation rate for

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b. Calculate the CPI for 2019, and 2020. C. What is the inflation rate for 2018 - 2019? d. What is the inflation rate for 2019 - 2020? e. If an individual's nominal income rises 50% from 2019 to 2020, what is the growth rate of their real income? f. If the base year is 2018 (instead of 2019), what will be the new CPI values for all three years? g. With the "updated" CPI values from question "f", will the inflation rates for 2018 - 2019, and 2019 - 2020 change, or stay the same? Justify your

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