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April 21, 2014

Homework Help: economics

Posted by Anonymous on Saturday, February 11, 2012 at 12:21am.

Suppose that the resident of vegopia spend all of their income on cauliflower,broccoli and carrots.in 2006 they buy 100 heads of cauliflower for $200,50 bunches of broccoli for $75 and 500 carrots for $50.in 2007 they buy 75 heads of cauliflower for $225,80 bunches of broccoli for $120 and 500 carrots for $100. a.Calculate the price of each vegetable in each year. b.Using 2006 as the base year,calculate the cpi for each year. c.What is the inflation rate in 2007

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