The Textbook Shows That the Inflation-Adjusted Movie Receipts for Titanic

question 114

Multiple Choice

The textbook shows that the inflation-adjusted movie receipts for Titanic (released in 1997) were $3,205,455,051 in 2015 and the original receipts were $2,186,772,302.The implication is that

• A) prices were about the same in 2015 as in 1997.
• B) hyperinflation has occurred since 1997.
• C) prices were about one-third lower in 2015 than they had been in 1997.
• D) prices were roughly 50% higher in 2015 than they had been in 1997.
• E) Titanic was a bad movie at the time of its release but has become more popular over time.

---

Definitions:

Sensory Memory

The shortest-term element of memory, which acts as a buffer for stimuli received through the senses, lasting typically up to several seconds.

Extreme Stress

A high level of stress that overwhelms an individual's ability to cope, often leading to significant psychological or physical health issues.

Repression

A defense mechanism where unwanted or uncomfortable thoughts, feelings, or desires are excluded from conscious awareness.

Recovered Memories

Memories of past events that were blocked for some period, often traumatic in nature, which resurface later in life.