Basket
Inflation
Year Price CPI Rate
2020 $80,000 100
2021 $82,000
2022 $88,000
The table above shows the cost of a "typical" market based of goods and services for the
years 2020-2022. The base year is 2020.
What is the Consumer Price Index (CPI) in 2022? (Round to the nearest one-tenth).