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Macmillan Learning Use the information in the table to calculate a consumer price index CPI...

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Macmillan Learning Use the information in the table to calculate a consumer price index CPI and the inflation rate The base year is 1975 Round answers to two decimal places Market basket A dozen eggs Calculator Microwave oven What is the CPI for 1975 What is the CPI for 1976 What is the inflation rate for 1976 Quantity 22 14 3 1975 prices 0 70 12 50 150 00 1976 prices 1 10 15 00 180 00

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