Answer:
The answer to your question is:
bag = $ 264 Â Â wallet = $132 Â Â belt = $ 66
Step-by-step explanation:
Equation
       2bags + 3 wallets + 4 belts = $1188
Conditions
       1 bag = 2 wallets
       1 wallet = 2 belts      (1/2) wallet = 1 belt
Substitution in terms of wallets
      2(2 wallets) + 3 wallets + 4(1/2) wallet = $1188
      4 wallets + 3 wallets + 2 wallets = $1188
      9 wallets = $1188
      1 wallet = $1188 / 9
      1 wallet = $ 132
      1 bag = 2(132) = $ 242
      1 belt = (1/2) 132 = $ 66