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Exercise Please complete the table below and calculate the price index. Item Quantity 2017 Cost 2018 Cost in Price in the Price in the Basket

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Exercise Please complete the table below and calculate the price index. Item Quantity 2017 Cost 2018 Cost in Price in the Price in the Basket 2017 2018 Basket Basket DVD 4 $2.25 $2.97 rental Movie 3 7.75 8.00 admission Popcorn 3 2.25 2.25 Soft drink 3 3.00 2.75 Total cost of Basket

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