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I'm wondering how to calculate the cost of market baskets in the chart both 2012 and 2018 also if you could please show me in

I'm wondering how to calculate the cost of market baskets in the chart both 2012 and 2018 also if you could please show me in detail how to get the other answers I would much appreciate that

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suppose, in the nation of "J. Foods of A.' the typical middle class urban household consumes only four products - Generic Cola, Generic Pizza, Generic Shirts, and Generic Jeans. Based on the following table, answer the questions below, Assume that the base year is 2012. Market Basket 2012 Consumer Cost of Quantity Price 2018 Cost of Market Good (Monthly) Per Price Market Basket Unit Per Basket In 2012 Unit In 2018 Cola 90- bottles $1.00 $1.50 Pizza 60 pizzas $15.00 520.00 Shirts 6 shirts $30,00 $40.00 Jeans 6 jeans $40.00 $50.00 Total a. Find the consumer price index for 2012. t. Find the consumer price index for 2018. . If the 2017 consumer price index was 122, find the 2018 Annual Inflation Rate. d. Assuming that the 2018 inflation rate calculated in part c. above was to continue indefinitely into the future, how many years will it take for consumer prices to double? . Suppose Bill Gates, a resident of 'J. Foods of A. ", received a nominal wage increase of 6% between 2017 and 2018. Compute Bill's percentage change in real wages between 2017 and 2018

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