US Homework (Ch 24) Perform the same calculations for 2018 and 2019, and enter the results…

US Homework (Ch 24) Perform the same calculations for 2018 and 2019, and enter the results in the following table. 2017 2018 Price Cost Cost Dollars) Price Dollars) Quantity in Basket (Dollars) Price Dollars Cost Dollars) Dallars) Notebooks 15 Calculators Large coffees 500 Energy drinks Textbooks 10 150 Total cost 1.200 1.900 100 Price Index Suppose the base year for this price index is 2017. in the last row of the table, calculate and the value of the CSP for the remaining years. Between 2017 and 2018, the CSPI increased by % Between 2018 and 2019, the CSPI increased by Which of the following, if true, would illustrate why price indexes such as the CSPI might overstale inflation in the cost of going to college? Check all that apply. A new mobile device for personal computing became available for purchase. Professors required each student to buy 10 textbooks, regardless of the price. Energy drinks became increasingly popular on college campuses between 2017 and 2019 due to significant improvements in flavor, but this quality change is hard to measure As the price of calculators rose, fewer students decided to buy them, opting instead to use the free calculators in their cell phones or on their computers.