Question: 1. Using the consumer price Index shown below: Year Index 2007 207.3 2008 215.3 2009 214.5 2010 218.1 2011 224.9 2012 229.6 2013 233.0 2014

1. Using the consumer price Index shown below:

Year Index 2007 207.3 2008 215.3 2009 214.5 2010 218.1 2011 224.9 2012 229.6 2013 233.0 2014 236.7 2015 237.0 2016 240.0 2017 245.1 2018 251.1 2019 255.7Item Quantity Unit Price Item Weight Coffee 20 pounds Tuition 1 year 4,000 Pizza 150 pizzas 10 Streaming TV 12 months 30 Vacation 1 week 350 Total:Item Unit Price Weight Percentage (calculated in Inflation Item Last Year This Year Change in Price X Problem 8) Impact Coffee $ 7 $ 14 Tuition 4,000 4,500 Pizza 10 12 Streaming TV 30 36 Vacation 350 300 Average inflation

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