The CPI U us city average all items has the following (see picture)

to them? Explain your reasoning. 9. + The CPI-U (U.S. city average, all items) has the following annual averages: Year 2002 2003 2004 2005 2006 Index 179.9 184.0 188.9 195.3 201.6 a. For each year from 2003 to 2006 determine the annual inflation rate in percent to two decimal places. b. Since inflation, like interest, is compounded from period to period (e.g., year to year), estimate the overall annual inflation rate per year from 2002 a to 2006. Suggestion! Do not simply average the rates of part (a). ofessors