Business, 24.03.2020 23:07 tzartiger12
The residents of Vegopia spend all of their income on cauliflower, broccoli, and carrots. In 2016, they spend a total of $250 for 100 heads of cauliflower, $100 for 50 bunches of broccoli, and $250 for 500 carrots. In 2017, they spend a total of $210 for 60 heads of cauliflower, $180 for 90 bunches of broccoli, and $270 for 450 carrots. Complete the following table by calculating the price of one unit of each vegetable in each year. Year Cauliflower Broccoli Carrots 2016 $ $ $ 2017 $ $ $ Using 2016 as the base year, the CPI for 2016 is , and the CPI for 2017 is . The inflation rate in 2017 is % using the CPI.
Answers: 3
= 10%.
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The residents of Vegopia spend all of their income on cauliflower, broccoli, and carrots. In 2016, t...
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