The table below details Student A's monthly purchases during 2014 and 2015 Answer the following questions writing out dollars and cents for monetary values eg $1.00, item weights to two decimal places e.g. 0.10, price index values as whole numbers without decimals, eg 110, and percentages to one decimal place eg 1.0% Prices (5) 2014 2015 300 3.10 Quantities (# consumed per month) 2014 2015 Hotdogs 3 2 Cans of Cola 1.45 1.40 15 17 Chocolate bars 1.00 1 00 7 7 Magazines 425 5 25 3 2 Movies 8.00 7.75 2 3 a The value of Student A's 2014 shopping basket using 2014 prices is s 66.5 for cola The item weights associated with this shopping basket are chocolate bars for magazines, and for hotdogs for movies tor b. The value of Student A's 2014 shopping basket using 2015 prices is If 2014 is used as the base year, the 2015 value of Student A's price index is and the 2014 value of this index is then 100 With 2014 as the base year this index has changed by ]% between 2014 and 2015 References eBook & Resources Worksheet Leaming Objective: 09-01 Define inflation, describe how it is measured, and explain its effect on nominal and real incomes Check my work