Suppose the value of the consumer price index (CPI)is 110 in year 1,121 in year 2,and 133.1 in year 3.Assume also that the price of computers increases by 3% between

Suppose the value of the consumer price index (CPI)is 110 in year 1,121 in year 2,and 133.1 in year 3.Assume also that the price of computers increases by 3% between year 1 and year 2,and by another 3% between year 2 and year 3.The price level is increasing,the inflation rate is _______,and the relative price of computers is _________.
A) increasing;increasing
B) constant;increasing
C) constant;decreasing
D) increasing;decreasing
E) decreasing;decreasing


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