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Question 9 1 pts Use the Table to answer the question: CPI Calculation Table Price of Year Price of Cost of CPI Gasoline Jeans Basket

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Question 9 1 pts Use the Table to answer the question: CPI Calculation Table Price of Year Price of Cost of CPI Gasoline Jeans Basket 2018 $1.25 $12 2019 $1.60 $15.5 2020 $1.80 $18 Use 2018 as the base year. Assume that the basket consists of 10 gallons of gasoline and 2 pairs of jeans. What is the inflation rate from 2019 to 2020? 48% 14.9% O -10.8% 21.6%

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