Question 2 1 pts The following table shows the typical market basket consumed in an economy as well as data on price for years 2001 to 2003. Use this table to calculate the total expenditures i.e. price of the entire basket for 2002. Price in year Price in year Price in Year Ite ms Quantities 2001 2002 2003 Apples 10 $10 $12 $11 Bandanas 5 $20 $25 $25 Crayons 100 $0.50 $0.55 $1 $100 $3 7. 55 $300 $4 3 18.2 5 Question 3 1 pts The following table shows the typical market basket consumed in an economy as well as data on price for years 2001 to 2003. Use this table to calculate the CPI for 2003. Assume 2003 is the base year. Price in year Price in year Price in Year lte m5 Quantities 2001 2002 2003 Apples 10 $10 $11 $11 Bandanas 5 $20 $25 $26 Crayons 100 $0.50 $0.55 51 38 73 .5 3 340 100 Question 4 1 pts The following table shows the typical market basket consumed in an economy as well as data on price for years 2001 to 2003. Use this table to calculate the CPI for 2001. Assume 2003 is the base year. Price in year Price in year Price in Year lte ms Quantities 2001 2002 2003 Pizza 10 $10 $12 $11 Trshirts 10 $20 $25 $25 Candy 100 $0.50 $0.55 $1 82 .3 5 470 100 74.47