# MacroEconomics

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Assuming that the following table describes a typical consumerâ€™s complete budget, compute the item weights for each product.
Item: Quantity: Unit price:
Coffee 20 pounds \$5
Tuition 1 year \$4,000
Pizza 100 pizzas \$8
DVD rental 75 days \$5
Vacation 2 weeks \$450
Q6 Suppose the prices listed in the table for Problem 5 changed from one year to the next, as shown below. Use the rest of the table to complete the average inflation rate.
Unit Price
____________________________
Item Last Year This Year % Change in Price X Item Weight = Inflation Impact

Coffee \$5 \$6_____ ______ _______
Tuition \$4,000 \$7,000 _____ ____ ____
Pizza \$8 \$10 _____ _____ _____
DVDrent \$5 \$10 ____ _____ ____
Vacation\$450 \$500 ____ ___ ____

• MacroEconomics -

Coffee 25 item weight
Tuition 4,000
Pizza 1,500
DVD rental 150
Vacation 250

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