Suppose a typical household purchases the basket of goods and services shown in the table below, which also shows the prices of such basket for 2019, 2020, and 2021. Qty 2019 2020 2021 Amount Amount Amount Items Price Price Price Spent Spent Spent Dog food 2 $12.00 $24.00 $12.00 $24.00 $28.00 Books 5 $20.00 $25.00 $125.00 Mango juice 20 $2.50 $50.00 $3.50 $70.00 $3.75 $75.00 Pasta 35 $8.50 $8.50 $297.50 $12.50 Use the above table to answer the following questions. i. Calculate the cost of the market basket of goods and services for all years. Note that some of the total amount spend per item has been calculated. ii. Construct the price index for the hypothetical basket of goods in each year using 2019 as the base year. iii. Use the price index you calculated in the previous question to compute the inflation rate from 2020 to 2021.