canvas.northseattle.edu booking Condor Online Check-in Accessible Canvas Domain Lis The table below shows the consumption basket and the price of each good in 2021 and 2022 For the questions below, assume that 2021 is the base year. Use the given information to answer questions 6 - 8. 2022 2021 Good Quantity Unit price Unit price Watches m $80 $90 Clothes Handbags 100 120 Textbooks 10 130 Question 6 1 pts Compute the basket price in 2021. Answer: The basket price in 2021 = $. Question 7 1 pts Compute the CPI in 2022. (Round your answer to the first decimal place.)canvas.northseattle.edu my booking Condor Online Check-in Accessible Canvas Domain List Question 8 1 pts Based on the above information, which of the following statements is correct? CPI in 2021 can be higher than 100. When we calculate the CPI in 2022, we assume prices do not change between 2021 and 2022. When we calculate the CPI in 2022, we assume quantities do not change between 2021 and 2022. Assume that tuition at college A is $10,000 in 2010 and $30,000 in 2022. The price level is 120 in 2010 and 270 in 2022 Use the given information to answer questions 9 - 11. Question 9 1 pts Convert the 2010's tuition in 2022 dollars? Answer: The 2010's tuition in 2022 dollars = $ Question 10 1 pts Is tuition in 2022 higher than the tuition in 2010 after adjusting for inflation? [ Select ]Question 11 1 pts Compute the inflation rate between 2010 and 2022. (Do not calculate the annual inflation rate.) Answer: The inflation rate between 2010 and 2022 = %