Suppose $100 Buys Less in the Year 2007 Than in 2000

question 82

Multiple Choice

Suppose $100 buys less in the year 2007 than in 2000. Then we can say that

• A)there must have been inflation between 2000 and 2007.
• B)there must have been deflation between 2000 and 2007.
• C)the economy must have been growing rapidly between 2000 and 2007.
• D)the economy must have been growing slowly between 2000 and 2007.

---

Definitions:

Rh-negative

A blood type classification indicating the absence of the Rh (Rhesus) factor antigen on the surface of red blood cells.

Hemoglobin

Hemoglobin is a protein in red blood cells responsible for transporting oxygen from the lungs to the body's tissues and returning carbon dioxide from the tissues back to the lungs.

Oxygen

A chemical element (O) essential for life, involved in cellular respiration, where it is used to produce energy from the breakdown of molecules like glucose.

Affinity

The degree to which a substance tends to combine with another, often used in the context of biochemical reactions.