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Basket: 20 pizzas, 10 compact discs
2012 $10 $15
2013 11 15
2014 12 16
2015 13 15
For each year, compute: the cost of the basket
the CPI (use 2012 as the base year) the inflation rate from the
2012201320142015 $10111213 $15151615 Pizza2012201320142015 CDS10111213 BasketInflation vs 2012 Inflation vs prior year15 $ 350.0015 $ 370.005.71%5.71%16 $ 400.0014.29%…
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