basket of goods is representative of all goods and services, compute the price of the market basket in (a) 2008 and (b) 2018 and then answer two questions about price levels and real income. Price per Unit Item Quantity 2008 2018 a. Cost of Market Basket in 2008 (Quantity*2008 price) b. Cost of Market Basket in 2018 (Quantity 2018 price) Coffee 20 pounds $9 $10 Tuition Pizza 1 year 10,000 14,000 100 pizzas 13 14 Movie download 90 movies 2 Gasoline 1,000 gallons 2 3 Total Total 2008 2018 Instructions: Round your response to two decimal places. c. By how much has the average price level risen between 2008 and 2018? Hint: Compare the total basket cost in 2018 to the total basket cost in 2008