Explain the following: 1. List the three largest categories that make up the market basket that is used to compute CPI. 2. If the CPI was 130.7 in 1990 and was 136.2 in 1991, compute the rate of inflation for 1991. 3. Sylvia had income of $50,000 in 1989, when the CPI was 124.0. Sylvia had income of $100.000 in 2013, when the CPI was 233.0. What was Sylvia's real income for 2013, adjusted to the 198? price level