III CPI and Inflation The people of Vegopia spend their whole income on cauliflower, broccoli and carrots. In 2003 they buy 100 pieces of cauliflower for 200 Euros (total expenditures), 50 pieces of broccoli for 75 Euros, and 500 carrots for 50 Euros. In 2004, they buy 75 pieces of cauliflower for 225 Euros, 80 pieces of broccoli for 120 Euros, and 500 carrots for 100 Euros. Use 2003 as a base year and compute the CPI for 2003 and 2004. What is the inflation rate in 2004? Repeat, using 2004 as the base year