PLEASE ANSWER THIS QUESTION ASAP. IT'S URGENT. I WILL GIVE YOU POSITIVE RATINGS.

Professor Hui Lin finds her mother's textbook entitled "Economics" authored by Parkin (1996, the 3rd edition) priced at RM45.00.The latest version (the 13th edition) published in 2019 is RM33.21 at Amazon.

1) Calculate the consumer price index (CPI) for this title.Interpret it i.e. how much the percentageof this title is inflated between 1996 and 2019?(5 marks)

2) Given the official CPI as below, what is the price of this title in 2019 should be?Is it consistent with your answer in (1)?if, not why?(5 marks)

Malaysia Consumer price index (2010 = 100)Year Consumer price index (2010 = 100)

199671

200998

199773

2010100

199877

2011103

199979

2012105

200081

2013107

200182

2014110

200283

2015113

200384

2016115

200485

2017120

200588

2018121

200691

2019121

200793

200898

(Take from Word Development Indicators, World Bank)