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Ims.cofc.edu/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d21?ou=279710&isprv=&drc=1&ql=190773&cfql=0&dnb=0&fromQB=0 ava Question 35 0 / 2 points Suppose that a simple, imaginary economy produces only two goods; bread and apples. In addition to these

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Ims.cofc.edu/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d21?ou=279710&isprv=&drc=1&ql=190773&cfql=0&dnb=0&fromQB=0 ava Question 35 0 / 2 points Suppose that a simple, imaginary economy produces only two goods; bread and apples. In addition to these two goods, the economy also consumes and imports chicken. Using the information below, answer the following questions Bread Apples Chicken 2019 Quantity 100 200 40 2019 Price $2.00 $1.20 $2.00 2020 Quantity 150 210 70 2020 Price $2.00 $1.40 $2.25 Calculate the CPI in 2019, using 2020 as the base year. Hint: Urban households would buy all the above goods. Round two decimal places. Answer: x (92.08) Question 36 0 / 2 points Suppose that a simple, imaginary economy produces only two goods: bread and apples. In addition to these two goods, the economy also consumes and imports chicken. Using the information below, answer the following questions Bread Apples Chicken 2019 Quantity 100 200 40 2019 Price $2.00 $1.20 $2.00 2020 Quantity 150 210 70 2020 Price $2.00 $1.40 $2.25 Calculate the CPI in 2020, using 2020 as the base year. Hint: Urban households would buy all the above goods. Round two decimal places. Answer: x (100)

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