This is a Numeric Entry question/ It is worth 2 points/ You have unlimited attempts/There is no attempt penalty
11 Question (2 points)
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Suppose you want to calculate a university price index (UPI). Let's keep things simple and assume that a typical student buys seven textbooks, nine
pizzas, and twelve six-packs of energy drinks in a year. The table below shows this market basket and the price of each good in 2015 and 2016. For the
questions below, assume that 2015 is the base year for the UPI.
Quantity
Good
Textbooks
Pizza
Energy drinks
2015
Unit price
$180.00
12.00
10.00
2016
Unit price
$210.00
10.00
12.00
12