Perform these same calculations for 2011 and 2012, and enter the results in the following table. Notebooks Calculators Large sodas Energy drinks Textbooks Total cost Price index Quantity in Basket 10 1 300 75 8 Price (Dollars) 3 75 2 2 90 Suppose the base year for this price index is 2010. he Between 2010 and 2011, the CSPI increased by 2010 Cost (Dollars) 30 75 600 150 720 1,575 100 Price (Dollars) 3 80 2 4 2011 110 Cost (Dollars) In the last row of the table, calculate and enter the value of the CSPI for the remaining years. Price (Dollars) 4 104 2 5 120 2012 %. Between 2011 and 2012, the CSPI increased by Cost (Dollars) %. Which of the following, if true, would illustrate why price indexes such as the CSPI might overstate inflation in the cost of going to college? Check all that apply. As the price of energy drinks increased relative to the price of coffee between 2010 and 2012, students decreased their consumption of energy drinks and increased their consumption of coffee. A new type of personal transporter, which made it easier to get around places like university campuses, became available for purchase. Professors required each student to buy 10 notebooks, regardless of the price. The quality of textbooks increased dramatically from 2010 to 2012, with textbook companies bundling new online study aids with their books.

Perform these same calculations for 2011 and 2012, and enter the resuits in the following table. Suppose the base year for this price index is 2010. In the last row of the table, calculate and enter the valie of the CSPI for the remaining ross. Between 2010 and 2011, the CSPI increased by Between 2011 and 2012 , the CSPI increased by Which of the following, if true, would ilistrate why price indexes such as the CSPI might overstate infiation in the cost of going to college? Check all that apoly. As the price of energy drinks increased relative to the price of coffee between 2010 and 2012 , students decreased their consumption of energy drinks and increased their consumption of coffee. A new type of personal transporter, which made it easler to get around places like university campuses, became available for purchase. Professors required each student to buy 10 notebooks, regardiess of the price. The quality of textbooks increased dramaticalif from 2010 to 2012 , with textbook companies bundting new online study aids with theif books. Aerform these same calculations for 2011 and 2012 , and enter the resuits in the following table. Suppose the base year for this price index is 2010. In the last row of the table, calculate and enter the value of the CSPI for the remaining years. Between 2010 and 2011, the CSPI increased by Between 2011 and 2012, the CSPI increased by Which of the following, If true, would illustrate why price indexes such as the CSpI might overstate inflation in the cost of going to college? Check alf that apply. As the price of energy drinks increased relative to the price of coffee between 2010 and 2012, students decreased their consumption of energy drinks and increased their consumption of colfee. A new type of personal transporter, which made it easier to get around places like university campuses, became available for purchase. Professors required each student to buy 10 notebooks, regardless of the price. The quality of textbooks increased dramatically from 2010 to -2012, with textbook companies bunding new online study aids with their books