If 2015 Is the Base Year, the Bundle Price of Goods

question 22

Multiple Choice

If 2015 is the base year, the bundle price of goods in 2015 is $500, and the bundle price of goods in 2016 is $700, the 2016 price index is

• A) 140.0.
• B) 128.6.
• C) 71.4.
• D) 60.0.

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Definitions:

Internal Strain

The deformation within a material or body due to applied stress or pressure.

Displacement

The movement of a body or object from one position to another, often used in geology to describe the shift in position of rock layers along a fault.

Rotation

The act or process of an object turning around an axis, leading to day and night cycles on planets like Earth.

Thrust Faults

Thrust faults are a type of fault where the upper block, or hanging wall, moves up and over the lower block, or footwall, typically occurring at a low angle and often associated with mountain building.