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Year Quantity of Price of Quantity Price of Quantity Price of Hot Dogs Hot Dogs of Chips Chips of Soda Soda 2019 10 $1 5

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Year Quantity of Price of Quantity Price of Quantity Price of Hot Dogs Hot Dogs of Chips Chips of Soda Soda 2019 10 $1 5 $1 12 $1 2020 10 $2 7 $1 15 $2 2021 20 $3 7 $2 21 $2 2022 30 $4 12 $2 15 $3 12. Use CPI to calculate the value of the market basket for each of the following years (show your work): a. 2019 - b. 2020 - c. 2021 - e shifter, d. 2022 - 13. Assume 2021 is the base year. Calculate the CPI for each of the following years (round to whole numbers and show your work): a. 2019 - b. 2020 - c. 2021 - d. 2022 - 14. Calculate the inflation rate (percentage) from 2021 to each of the years below: a. 2019 - b. 2020- c. 2021 - d. 2022

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