Lu Homework: Government Interver x Question 9 - Homework: Govern X + C D ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fmhep... [ * Update : YahooMail > Home | myLU @ Grammarly Paraphrasing Tool !.. PAPA Style Introducti... SAPA Citation Gener.. B BankMobilSchool V Aidvantage Student... pay JPay | Home Course Hero Homework: Government Intervention; The Business Cycle ... Saved Help Save & Exit Submit Check my work 9 representative of all goods and services, compute the price of the market basket in (a) 2008 and (D) 2018 and then answer two questions about price levels and real income. 2 Price per Unit a. Cost of Market b. Cost of Market points Basket in 2008 Basket in 2018 Item Quantity 2008 2018 (Quantity*2008 price) (Quantity*2018 price) Skipped Coffee 20 pounds $7 $8 Tuition 1 year 7,000 11,000 eBook Pizza 100 pizzas 20 13 Print Movie download 90 movies 3 References Gasoline 1,000 gallons 3 4 Total Total 2008 2018 Instructions: Round your response to two decimal places. c. By how much has the average price level risen between 2008 and 2018? Hint: Compare the total basket cost in 2018 to the total basket cost in 2008. Mc Graw Hill 80F O 7:47 PM Sunny 9/18/2022 5