PLEASE ANSWER THIS ONE

CPI and Inflation (b) A typical family in Mekong Republic consumes only rice, fish, fruit and clothes. The table provides information on the family's consumption. (10 marks) Item 2017 (Base year) 2018 2019 Quantity Unit Price Unit Price Unit Price Rice 80 kg $1.5 $1.55 $1.55 Fish 10 kg $0.8 $1.0 $0.95 Fruit 25 kg $2 $2.2 $2.3 Clothes 5 units $4 $3.8 $3.85 (i) Calculate and explain the CPI for 2018 and 2019. Show your calculation. (6 marks) (ii) Calculate the annual inflation rate of 2019 and provide a brief interpretation. Explain how you calculate the inflation rate and show your calculation. (4 marks)