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the consumer price index (CPI) Save Save the simple economy that produces only three products. use the information in the f0110kMng table to calculate the

image text in transcribed the consumer price index (CPI) Save

Save the simple economy that produces only three products. use the information in the f0110kMng table to calculate the (annual rate of) inflation for 2022 as measured by BASE YEAR (2010) Product Haircuts Hamburgers Movies Quantity 10 Price $10.00 2.00 15.00 2021 Price $11.00 2.45 15.00 2022 Price $16.20 2.40 14.00 Using the information in the table, the CPI for 2021, with 2010 as the base year, is@.@.(Enter your response rounded to one decimal place.) The rate for 2022 as measured by ule consumer price index (CPI) is (Enter your response rounded to two decimal places.)

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