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Consider a simple economy that produces only three products: hamburgers, footballs, and gatorade soft drink. Use the information in the table below to answer the
Consider a simple economy that produces only three products: hamburgers, footballs, and gatorade soft drink. Use the information in the table below to answer the following question: Product Base Year Quantity Price (2009) Price (2020) Price (2021) Hamburgers 8 $1.00 $1.50 $1.75 Footballs $5.00 $7.00 $6.75 Gatorade 4 $2.00 $3.00 $3.50 What is the consumer price index for 2021? O a. 148.91 O b. 163.77 O c. 126.31 O d. 132.80
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