Mr. Ali Ebrahim has an annual nominal income of $45,000 for each of the next three years (year 2021-2023), and the inflation rate is 3.5 % per year. Find the real value of Mr. Ali's $45,000 salary for each of the next three years (2021-2023) (3 marks) a. b. When Universal Studio in Tokyo opened in 2001, the ticket price was $35. In 2021 the ticket price was $78.8. The CPI index was at 95 in 2001 and 101 in 2021. i) By how much did the nominal price of a Universal Studio ticket increase from 2001 to 2021? (1 mark) i) By how much the level of inflation (CPI) increase from 2001 to 2021? (1 mark) Note: SHOW all the necessary calculations, less marks will be given if you failed to show the calculation!