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3. [1 Point] According to the Statistics Canada, Price Index CPI in Canada increased to 133.60 Index Points in June from 133.40 Index Points in May of 2018 (See the figure below). Consumer Price Index CPI in Canada averaged 61.14 Index Points from 1950 until 2018, reaching an all time high of 133.60 Index Points in June of 2018 and a record low of 12.10 Index Points in January of 1950. Calculate the inflation rate from June 2017 to June 2018. CANADA CONSUMER PRICE INDEX (CPI) 134 133.6 133.3 133.4 133.5 132.9 133 132.5 132.5 131.7 132 131.3 131.5 Index Points 130.8 130.9 130.8 131 130.4 130.5 130.5 Jul 2017 Oct 2017 Jan 2018 Apr 2018 130 SOURCE: TRADINGECONOMICS.COM | STATISTICS CANADA[1 point] Consider a hypothetical economy produces only three goods: X. Y and Z as is it given in the data below