# Use the table below to answer 3 questions: Q uantity Item Movie tickets Bags of popcorn...

###### Question:

Use the table below to answer 3 questions: Q uantity Item Movie tickets Bags of popcorn Drinks of soda 2017 Price $5.00$3.00 $1.00 Price$8.00 $4.00$1.25
QUESTIONS Use the attachment to Quiz 2 to answer this question: The information in the table gives the 2017 reference base period CPI basket and prices used to construct the CPI for a small nation. It also has the 2018 prices. What is the value of the CPI for the reference base period, 2017? A. 100 B.150. C. 140. 0.67.
QUESTION 10 Use the table in the attachment to Quiz 2 to answer this question: The information in the table gives the 2017 reference base period CPI basket and prices used to construct the CPI for a small nation. It also has the 2018 prices, What is the inflation rate from 2017 to 2018? A 50% B. 20%. C. 40% D.30%.
QUESTION 9 Use the table in the attachment to Quiz 2 to answer this question: The information in the table gives the 2017 reference base period CPI basket and prices used to construct the CPI for a small nation. It also has the 2018 prices What is the value of the CPI for 2018? A 140 B.150. C. 67. D. 100

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