Suppose that in Year 1 which is the base year, a typical weekly market basket purchased by an urban family costs 1,550 and the nominal daily wage rate is 400. In Year 2, the same market basket costs 1,980 while the nominal wage rate is 540. if the same market basket costs 2,200 in Year 3 and the nominal wage rate is 700. Compute for the following:

A) Inflation rate in Year 2

B) Inflation rate in Year 3

C) CPI in Year 1

D) CPI in Year 2

E) CPI in Year 3

F) PPP in Year 1

G) PPP in Year 2

H) PPP in Year 3

I) real wages in Year 1

J) real wages in Year 2

K) real wages in Year 3