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Table 1 Qx Px Qy Py Qw PW 1993 32 16 114 18 8 4 1994 34 16 116 19 12 5 1995 36 17

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Table 1 Qx Px Qy Py Qw PW 1993 32 16 114 18 8 4 1994 34 16 116 19 12 5 1995 36 17 122 22 13 6 1. Refer to Table 1. This question concerns Consumer Price Index (CPI). a. If 1993 is the base year, what is the cost of a basket of goods in 1993, 1994, and 1995

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