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EC 2: Create Your Own CPI Basket Direction : please use the empty cart below to create your own CPI basket. The purpose of this

EC 2: Create Your Own CPI Basket

Direction: please use the empty cart below to create your own CPI basket. The purpose of this activity is to help you understand the CPI basket. If needed, please review my example in the lecture notes FIRST.

Think about your monthly expenditure, list three to seven major items with the dollar values. Must include housing.(If you want to protect your privacy, you can make numbers.J)

Calculate the weight for each item. Please show me your calculation.

Use the weights to create your pretty CPI basket. Have fun!

image text in transcribed
CPI weights 100 80 60 40 20

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