The residents of Vegopia spend all of their income on cauliflower, broccoli, and carrots. In 2020, they spend a total of $200 for 100 heads of cauliflower, $75 for 50 bunches of broccoli, and $50 for...


The residents of Vegopia spend all of their income on
cauliflower, broccoli, and carrots. In 2020, they spend
a total of $200 for 100 heads of cauliflower, $75 for
50 bunches of broccoli, and $50 for 500 carrots. In 2021,
they spend a total of $225 for 75 heads of cauliflower,
$120 for 80 bunches of broccoli, and $100 for 500 carrots.
a. Calculate the price of one unit of each vegetable in
each year.
b. Using 2020 as the base year, calculate the CPI for
each year.
c. What is the inflation rate in 2021?



Jun 10, 2022
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