Picture 1 question and 2 picture requirements

. Exercise 2.3 The Consumer Price Index (CPI) is a measure, widely used in the discipline of economics, which examines the weighted average of prices of a basket of consumer goods and services. Changes in the CPI are studied to assess important price changes associated with the cost of living. The table below presents the average cost (in Dirhams) for the main four expenditure groups of goods and services consumed in the United Arab Emirates over a period of five years following EXPO 2020. The expenditure weights, as estimated by the Ministry of Economy of the UAE, are as follows: 45% for Housing, 25% for Food, 20% for Transportation, and 10% for Entertainment. . Price of Price of Price of Price of Year Housing Food Transportation Entertainment 2021 830 220 160 200 2022 850 240 180 210 2023 780 220 190 180 2024 800 210 170 220 2025 830 230 200 240 Note: Marks will be deducted, if you do the calculations for the wrong years. Keep two decimal points. a. Calculate the cost of the basket of goods and services consumed in the UAE in each year, whenever applicable. 2021 2023 c Bi *** Note: Marks will be deducted, if you do the cakulations for the wrong years. Keep two decimal points. Calculate the cost of the basket foods and services consumed in the UAE in each year, whenever applicable. 2021 2023 2025: h. Compute the level of the UAE's Consumer Price Index in each year, whenever applicable 2021 2029 2025: Determine the ANNUAL Intation rate in the UAE in each year, whenever applicable 2021 2025