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CPI , Price, and Inflation questions. I need the explanation on how to solve each. CPI (consumer price index)- for Medical supply X (15%) The

CPI , Price, and Inflation questions. I need the explanation on how to solve each.

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CPI (consumer price index)- for Medical supply X (15%) The price of Medical supply X in year 2021 is $120, in Year 1982-1984 is $4 The CPI in 2016 is 290. a. What is the CPI of Medical supply X in year 2021? (5%) b. What is the price of Medical supply X in year 2016 with CPI equals to 290 (5%) c. What is the inflation level from year 2016 to 2021 for this Medical supply X? (5%)

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