Homework (Ch 06) Perform these same calculations for 2021 and 2022, and enter the results in the following table. 2020 2021 2022 Price Cost Price Cost Price Cost Quantity in Basket (Dollars) (Dollars) (Dollars) (Dollars) (Dollars) (Dollars) Streaming services 1 70 70 100 130 Iced coffees 250 2 500 2 2 Textbooks 10 120 1,200 150 180 Notebooks 15 2 30 5 8 Energy drinks 50 2 100 4 6 Total cost 1,900 Price index 100 Suppose this price index uses 2020 as the base year. In the last row of the table, calculate and enter the value of the UPI for the remaining years. Between 2020 and 2021, the UPI increased by %. Between 2021 and 2022, the UPI increased by % Which of the following, if true, would illustrate why price indexes such as the UPI might overstate inflation in the cost of going to college? Check all that apply. As the price of premium streaming services rose, fewer students decided to buy them, opting instead to borrow log-in information from friends and relatives. A new, cheaper internet option rolled out services nationwide. Professors required each student to buy 15 notebooks, regardless of the price. Energy drinks became increasingly popular on college campuses between 2020 and 2022 due to significant improvements in flavor, but this quality change is hard to measure.