Question: The table below shows the prices for a consumer's typical basket of goods. Assume 2014 is the base year. 2014 2016 Good Quantity Unit price

The table below shows the prices for a consumer's typical basket of goods. Assume 2014 is the base year. 2014 2016 Good Quantity Unit price Unit price Bottles of BBQ sauce 325 $3.15 $3.37 Wheels of cheese 10 20.00 23.00 What are the basket prices for 2014 and 2016? Give all answers to two decimals. 2014: $ 6.52 2016: $ 43 What is the CPI? Give all answers to two decimals. 2014: 2016

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