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Please give answer for Question a, b,and c? Ly earn 2 at (Question s) ~ ynys Learning Inc - Google Chrome laecon 1.lyryx.com/student-servlets/LabServlet?ccid=3698 Year Nominal

Please give answer for Question a, b,and c?

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Ly earn 2 at (Question s) ~ ynys Learning Inc - Google Chrome laecon 1.lyryx.com/student-servlets/LabServlet?ccid=3698 Year Nominal Price Index 2001 0 2003 0 2005 0 2007 0 2009 2011 O 0 b) Recompute the CPI using 2001 as the base year. Year Consumer Price Index 2001 0 2003 2005 0 2007 0 2009 2011 c) Construct a real price index for oranges. Year Real Price Index 2001 2003 2005 2007 2009 2011 oooooo LearningQuestion 3 [18 points] The price of oranges per kilogram is given in the table below for several years, as is the corresponding CPI. 2001 2003 2005 2007 2009 2011 Nominal orange price $ 2.60 3.00 3.20 3.40 2.80 3.30 CPI 113 115 119 123 127 131 a) Compute a nominal price index for oranges using 2001 as the base period. Year Nominal Price Index 2001 2003 2005 2007 2009 2011 b) Recompute the CPI using 2001 as the base year

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