Perform these same calculations for 2018 and 2019, and enter the results in the following table.

	Quantity in Basket	2017	2018	2019
Price	Cost	Price	Cost	Price	Cost
(Dollars)	(Dollars)	(Dollars)	(Dollars)	(Dollars)	(Dollars)
Notebooks	10	2	20	1		3
Calculators	1	50	50	54		75
Large coffees	200	1	200	1		1
Energy drinks	100	2	200	3		4
Textbooks	10	100	1,000	120		150
Total cost			1,470
Price index			100

Suppose the base year for this price index is 2017.In the last row of the table, calculate and enter the value of the CSPI for the remaining years.

Between 2017 and 2018, the CSPI increased by

. Between 2018 and 2019, the CSPI increased by

.

Which of the following, if true, would illustrate why price indexes such as the CSPI might overstateinflation in the cost of going to college?Check all that apply.

As the price of calculators rose, fewer students decided to buy them, opting instead to use the free calculators in their cell phones or on their computers.

Professors required each student to buy 10 notebooks, regardless of the price.

Energy drinks became increasingly popular on college campuses between 2017 and 2019 due to significant improvements in flavor, but this quality change is hard to measure.

A new mobile device for personal computing became available for purchase.