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Good Quantity 2018 2019 Price Price Bagels 100 $1.00 $1.50 Shoes 10 $46.00 $55.00 DVDs 20 $8.00 $12.00 calculate CPI in 2018 Calculate CPI in

Good Quantity 2018 2019

Price Price

Bagels 100 $1.00 $1.50

Shoes 10 $46.00 $55.00

DVDs 20 $8.00 $12.00

  1. calculate CPI in 2018
  2. Calculate CPI in 2019
  3. from 2019 to 2020 prices of all goods remain constant but you buy more bagels in 2020. Will CPI change between 2019 and 2020? Explain

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